Applied Materials technical analysis charts

1. November 9, 2015
AMAT: Applied Materials technical
analysis charts
On Thursday, compared to Wednesday, price action opened higher (16.91, vs
Wednesday’s close of 16.87), saw a lower high (17.01, vs Wednesday’s high of
17.03) and lower low (16.67, vs Wednesday’s low of 16.82); and closed lower
(16.81, vs Wednesday’s close of 16.87). The day’s range was 34 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the top of the 20 day moving average envelope (16.22). The parameters
of the envelope (15.73-16.70) are pointing higher.
The RSI (64.70) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.

2. November 9, 2015
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero and rising.
The Slow Stochastics, below, generated a negative signal, as the K line crossed
below the D line.
The Commodity Channel Index (90.77), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Thursday represents the 8th
consecutive entire day above the middle of the Bollinger Band envelope (16.22),
in negative mode towards the middle of the envelope The Bollinger Bands (15.15-
17.28) are pointing higher; and widened from a width of 211 ticks on Wednesday
to a width of 213 ticks on Thursday.

3. November 9, 2015
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (16.87, moving up) is above the 20 day moving average (16.22, moving
up), in positive mode. The 3-50 day strip of moving averages ranges from the 50
day moving average (15.71) at the bottom of the range to the 3 day moving
average (16.90) at the top of the range.
The Parabolic Stop and Reverse (16.39) below is in the 6th day of buy mode.

4. November 9, 2015
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 10th
consecutive close below the top Bollinger Band (19.49). The Bollinger Bands
(13.86-19.49) are converging; contracting from a width of 623 ticks on
Wednesday to a width of 563 ticks on Thursday.