Applied Materials Inc (AMAT)

Applied Materials Inc is trading at $539.14, up 2.21% on the session. The 50 day average sits at $545.35 and the 200 day at $374.95, which puts the stock in a uptrend. RSI is at 46.4, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $513.22 with resistance near $576.49, so that band frames the current range. Average daily movement is roughly $42.56, or about 7.9% of the share price, which is what any stop placement has to allow for. The overall health score of 45 out of 100 combines a trend score of 64, momentum of 30 and a risk score of 34.

Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and 200 millimeter and other equipment and factory automation software for semiconductor and other products. It serves manufacturers of semiconductor wafers and chips, and other electronic devices. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.