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AMAT

Applied MaterialsTechnology
$359.90+60.19%
Ascending Triangle
0CP IndexWeak
How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics:

  • Trend Alignment (SMA)
  • Volume Confirmation
  • Pattern Clarity
  • Momentum (RSI)
3 Month Interval$359.90
DECJANFEB
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Trade the Breakout

Watch the Ascending Triangle on AMAT closely. Trade with professional charting tools.

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Quick Actions

Trade Plan: Ascending Triangle

Risk/Reward
1:1.25
Entry
$376.31
Stop
$287.49
Target
$487.52

Chart Pattern

Ascending Triangle

Bullish continuation pattern.

Market Analysis

Technical analysis of Applied Materials (AMAT) reveals a significant setup. With a last close of $359.9, volatility remains active (9.6%). Price action has carved out a classic **Ascending Triangle**. Volume is strong (1.34x avg) with moderate trend strength (24.4). A potential breakout level is identified at **$376.31**, targeting **$487.52** with support near **$287.49** (R:R 1.25).

Community Sentiment

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Chart Patterns

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