AMAT

Applied MaterialsTechnology

$536.25-4.72%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$536.25

MAYJUNJUL

Trade the Breakout

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

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.24

Entry

$513.22

Stop

$614.14

Target

$286.77

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

Market participants tracking Applied Materials should note the latest formation. The stock is trading at $536.25, down 4.72% on the day. Our AI has detected a valid Descending Triangle pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $513.22, targeting $286.77 with support near $614.14 (R:R 2.24).

Community Sentiment

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Peer Analysis

Keys Descending Triangle Msft Descending Triangle Adsk Bearish Flag Cdw Ascending Triangle Crm Bearish Flag

Pattern Peers

Keys Descending Triangle Lvs Descending Triangle Msft Descending Triangle Wmt Descending Triangle Amt Descending Triangle