Applied Materials is up a bit on the day, funds flowing in kept the price up 1.43% since yesterday. It looks like AMAT may be interacting with a downward sloping Support line. It may find or support at this level or it's momentum can continue downward. In addition to being near an angled support line AMAT is near a weak support line. We'll see if it bounces off or heads lower. Applied Materials hasn't been that impressive in terms of its 3 month momentum, we'll see if it can turn things around and start heading up or continue its slide down.
If we get a reversal off of support and Applied Materials starts moving up, it can probably get to $184.27 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.
The analysts are pretty neutral on Applied Materials right now, so not much useful information here. The current Analysts Sentiment Score is 3.48. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-03-05 UBS Group increased their price target by 27.03% to $235.00. Cantor Fitzgerald announced that they are reiterating a rating of Neutral on 2024-03-04 and they set their price target at $220.00. TD Cowen gave a boost to their price target and moved to $245.00 from $185.00 on 2024-02-16. Raymond James gave a boost to their price target and moved to $225.00 from $180.00 on 2024-02-16. Susquehanna boosted their price targ by 15.94% to $160.00 on 2024-02-16. Needham & Company LLC boosted their price targ by 33.33% to $240.00 on 2024-02-16. On 2024-02-16 Stifel Nicolaus increased their price target by 31.43% to $230.00. On 2024-02-16 Citigroup increased their price target by 24.12% to $211.00. On 2024-02-16 The Goldman Sachs Group increased their price target by 41.03% to $220.00. Mizuho gave a boost to their price target and moved to $225.00 from $185.00 on 2024-02-16.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| AMAT | 3.48 | 0.56 | -0.45 | 7.28 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| AMAT | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| AMAT | 3.25 | %2.6 | 4 | -2.64 | 21910000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Semiconductors | 58 | 1.34 | -3.23 | -5.94 | -22.48 | -17.71 | -23.29 | 34.55 | -41.67 | -37.79 | -31.80 | -29198.77 | -1624.41 | 6.47 | 0.00 | 4.97 | 1.73 |
| Technology | 278 | 1.29 | -1.94 | -2.97 | -12.98 | -4.92 | -0.15 | 42.99 | -11.25 | -8.55 | -3.83 | -18184.66 | -7194.25 | 19.06 | 0.99 | 4.45 | 1.36 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| AMAT |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KLAC | KLA Corporation Common St | 2.24 | 0.55 | -1.97 | -0.86 | -0.60 | -8.96 | -1.12 | 36 | -0.99 | -2.61 | -0.85 | -2700.53 | -730.57 | 0 | 0 | 2.6962 |
| ONTO | Onto Innovation Inc. | 1.83 | 1.92 | -2.33 | -6.57 | -34.80 | -37.46 | -32.19 | 28 | -27.87 | -45.86 | -44.88 | -33171.92 | -29.27 | 0 | 0 | 3.848 |
| MCHP | Microchip Technology Inc | 1.79 | 0.89 | -3.66 | -16.01 | -16.06 | -36.86 | -44.39 | 32 | -77.97 | -101.98 | -114.25 | -40002.02 | 0.00 | 0 | 0 | 3.57319 |
| NVMI | Nova Ltd. Ordinary Shares | 1.73 | 3.67 | -0.60 | -11.10 | -10.69 | -3.13 | 8.07 | 31 | -0.84 | 0.63 | 13.44 | -6856.01 | -6808.07 | 0 | 0 | 3.76649 |
| ACLS | Axcelis Technologies Inc | 1.71 | 1.27 | -5.24 | -13.45 | -31.55 | -49.92 | -52.89 | 21 | -126.73 | -174.76 | -141.95 | -79812.51 | 0.00 | 0 | 0 | 3.85168 |
| UCTT | Ultra Clean Holdings, Inc | 1.71 | 4.38 | -5.39 | -8.25 | -43.81 | -42.09 | -51.99 | 24 | -38.11 | -48.08 | -53.69 | -52798.22 | 0.00 | 0 | 0 | 2.02754 |
| MKSI | MKS Instruments Inc | 1.71 | 1.26 | -4.17 | -1.50 | -29.07 | -22.23 | -37.50 | 35 | -24.07 | -30.41 | -40.16 | -27608.12 | -970.01 | 0 | 0 | 4.29813 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
