Applied Materials (NASDAQ:AMAT) Stock Price Trend Forecast and Market Analysis-2022.12.30
Applied Materials, Inc. (NASDAQ:AMAT) Stock Price Trend Forecast and Market Analysis: 2022.12.30 From the stock chart analysis, the recent stock price fell from the rebound high point to the 60-day moving average, the short-term stock price has a high probability of fluctuation between $93-$100, the medium-term trend is uncertain, and the long-term trend depends on the index performance. The short-term bid price is recommended to be $94, the target price is $98, the stop loss price is $92, and the repeat sell high and buy low many times unless the short-term trend ends. Under the condition of declining industry demand, stock price performance relies on financial statements and indices, and it is recommended to trade in range-bound logic in the short term. From the analysis of financial statements, Q4 2022 achieved revenue of 6.749 billion US dollars, market estimate of 6.449 billion US dollars, YoY+10%, net profit of 1.591 billion […]