What chart pattern is ChartPattern.io tracking on Applied Materials?
ChartPattern.io is currently tracking Double Bottom on Applied Materials in the Technology stock.
Live Technology stock scanner page for Applied Materials. Review the double bottom setup, chart structure, and trade levels in one place.
Market participants tracking Applied Materials should note the latest formation. With a last close of $454.01, volatility remains active (-3.17%). Price action has carved out a classic Double Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $563.16, targeting $700.19 with support near $494.64 (R:R 2.0).
AMAT is part of the Technology stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $563.16, a stop around $494.64, and a target near $700.19.
Double Bottom
46/100 CP Index
Entry $563.16 · Stop $494.64 · Target $700.19
Watch the Double Bottom on AMAT closely. Trade with professional charting tools.
Reversal pattern after a downtrend.
What is your outlook on AMAT?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on AMAT.
ChartPattern.io is currently tracking Double Bottom on Applied Materials in the Technology stock.
The current trade plan points to an entry near $563.16, a stop near $494.64, and a target near $700.19.
Applied Materials currently leans neutral. The page is showing a CP Index of 46/100, which helps summarize the current technical setup.