Applied Materials's most recent trend suggests a bullish bias. One trading opportunity on Applied Materials is a Bull Put Spread using a strike $57.00 short put and a strike $52.00 long put offers a potential 20.77% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $52.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Applied Materials is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Applied Materials is bullish.
The RSI indicator is at 79.91 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Applied Materials
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27 Top Fund Managers Just Bought Shares In This Potential Breakout Stock
Mon, 05 Mar 2018 21:15:22 +0000
SVB Financial joins fellow Silicon Valley-based IBD 50 stocks Applied Materials and Lam Research on the latest list of new buys by top mutual funds while nearing a new buy zone.
Apple, Micron Lead 5 Top Tech Stocks In, Near Buy Zones
Mon, 05 Mar 2018 21:04:48 +0000
Stocks to watch: Apple, Micron, Applied Materials, Square and Ligand Pharmaceuticals held up well amid last week's market slide. Several are in or near buy zones.
Which Stocks Are The Best Mutual Funds Buying — And Selling?
Mon, 05 Mar 2018 14:51:55 +0000
Which stocks have the best mutual funds been buying? See who joins Bank of America, Abiomed, Applied Materials and Charles Schwab on the latest list.
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