Applied Materials's most recent trend suggests a bullish bias. One trading opportunity on Applied Materials is a Bull Put Spread using a strike $138.00 short put and a strike $133.00 long put offers a potential 58.73% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $138.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock dropped below the $133.00 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
If You Invested $1000 in Applied Materials a Decade Ago, This is How Much It'd Be Worth Now
Wed, 02 Jun 2021 20:21:08 +0000
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Semiconductor Stocks To Watch: Chipmaker LRCX Stock Etches Buy Point As AMAT Stock Designs Its Own Breakout
Wed, 02 Jun 2021 20:07:46 +0000
LRCX stock and AMAT stock are among the top semiconductor stocks to watch as both chipmakers etch potential new breakouts.
Are You Looking for a Top Momentum Pick? Why Applied Materials (AMAT) is a Great Choice
Mon, 31 May 2021 16:00:04 +0000
Does Applied Materials (AMAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
These 3 Tech Stocks Can Double Again in 2021
Sun, 30 May 2021 11:00:00 +0000
Three that have that kind of potential are Square (NYSE: SQ), Applied Materials (NASDAQ: AMAT), and Lam Research (NASDAQ: LRCX). Nicholas Rossolillo (Square): Square has gotten a lot of attention because of its sizable Bitcoin holdings on its balance sheet and skyrocketing Bitcoin revenue from trading on Cash App (a Square subsidiary). No wonder Square stock has gained about 250% in that same span of time.
The Chip Shortage Is Creating an Opportunity for These 2 Stocks
Sat, 29 May 2021 01:24:00 +0000
As U.S. companies search for scarce chips, investors have an easier task: find the arms dealers tasked with helping the industry catch up.
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