Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. This stock is currently trading at $328.38 and 34% above its rising 40 week moving average. The 14 week relative strength index is well into the overbought area at 80.52%.
The choppiness index is well into the panic area at 30 while the weekly MACD-V indicator is at a five year high at 192. The Fibonacci 61.8% upside target projection based on the $123.73 to 255.89 range traded between July 2024 and April 2025 comes in at $337.56, which would be a valid area to take profits on long positions.
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