Applied Materials's most recent trend suggests a bullish bias. One trading opportunity on Applied Materials is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 5.93% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Applied Materials is bullish and the probability of a rise 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 above 80 which suggests that the stock is in overbought territory.
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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Mon, 23 Dec 2019 22:38:10 +0000
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Is Applied Materials (AMAT) Stock Outpacing Its Computer and Technology Peers This Year?
Mon, 23 Dec 2019 16:30:04 +0000
Is (AMAT) Outperforming Other Computer and Technology Stocks This Year?
Applied Materials (AMAT) Outpaces Stock Market Gains: What You Should Know
Fri, 20 Dec 2019 22:45:10 +0000
In the latest trading session, Applied Materials (AMAT) closed at $61.81, marking a +1.88% move from the previous day.
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Fri, 20 Dec 2019 12:57:12 +0000
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Thu, 19 Dec 2019 14:53:02 +0000
Applied Materials, Children's Place, D.R. Horton, M/I Homes and Meritage Homes highlighted as Zacks Bull and Bear of the Day
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