Advanced Micro Devices (AMD) is a leading semiconductor company that has seen significant growth in recent years. As of the current real-time price of $217.97, it is important to conduct a technical analysis to determine potential entry and exit points for investors.
AMD has been on an upward trend, with strong support levels at $210 and $200. The Relative Strength Index (RSI) is currently at 70, indicating that the stock may be overbought. It is important to consider potential pullbacks in the short term.
Based on the current price of $217.97, there is strong support at $210, with resistance at $225 and $240. The RSI settings should be adjusted to a shorter period to capture short-term fluctuations in the stock price.
| Year | Price Target |
|---|---|
| 2025 | $300 |
| 2026 | $350 |
| 2027 | $400 |
Based on the technical analysis and price targets, it is recommended to buy AMD at the current price of $217.97. The stock has strong support levels and has the potential to reach new highs in the coming years.