Score 8.6 (out of 10): ADVANCED MICRO DEVICES sets up for +21.9% rally in 3 months


What’s Going On Here?

AMD has started shipping the first ever server CPUs built by overlaying individually manufactured chips on top of each other.

Why Now?

ADVANCED MICRO DEVICES has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, ADVANCED MICRO DEVICES shares had a median return of +21.9%, over the following 3 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for ADVANCED MICRO DEVICES received a high score of 8.6 (out of 10). This insight was generated on 2022-March-21 with last price of 115.92.

What’s This Company About?

ADVANCED MICRO DEVICES is in the Electronic Compo-Semicon business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth +32% (average). Ticker symbol: AMD US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 141.27 (+21.9%) has been reached. Based on ADVANCED MICRO DEVICES’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 105.02 (last price at 115.92), which is equivalent to a -9.4% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

31.4% (October-2021), 7.7% (April-2021), -10.3% (February-2021), 49.5% (June-2020), 17.4% (March-2020), 72.6% (October-2019), 23.1% (August-2019), 14.5% (May-2019), 43.5% (January-2019), 20.7% (November-2018).

Historical Chart:


Star (1 to 10)8.6
Time3 months
Hit Rate90%


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