AMD bounces back, but without volume behind it
AMD rebounds 5.3% after last week's drop, but volume stays sell-heavy
AMD bounces back, but without volume behind it
Our view last week
After last week's surge, AMD cools off and slides 11.1%, retreating back toward the 454 area where a clean double bottom formed in late June with an intermediate 30% rebound. Weekly money flow has turned negative and momentum keeps sliding for a month now, confirming the cooldown already hinted at last week. AMD shares still stand at +102.3% since the trade opened.
This week's summary
After shedding 11.1% last week, AMD bounces back 5.3%, but the rebound comes with 67% of volume still on the sell side — a confirmation that's far from clean. AMD's technical analysis shows the MACD losing steam for a month now, with the histogram down to a third of its late-June level. The trade, running for 15 weeks, still sits above 113% in profit.
IQS Phase
46
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#7 / 124
US stocks in progress
Trade P&L %
+113.01%
from signal to today
Rank position
ranks 7th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 87 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
AMD belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
restricted Platinum content