Advanced Micro Devices Inc (AMD)
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD's main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations, personal computers and embedded system applications.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 65.84% per annum.
- AMD price at the close of March 28, 2025 was $103.22 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 433.59% per annum.
- AMD price at the close of March 28, 2025 was lower than the bottom border of the secondary price channel by $0.37 (0.36%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of AMD price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 19, 2024
End date: March 18, 2025
a = 9.9352
b = -0.0029
s = 0.0384
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0029) – 1
= -65.84%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0384) – 1
= 16.62%
September 19, 2024 calculations
Top border of price channel:
Exp(Y1,125)
= Exp(a + b × X1,125 + 2 × s)
= Exp(a + b × 1,633 + 2 × s)
= Exp(9.9352 + -0.0029 × 1,633 + 2 × 0.0384)
= Exp(5.2064)
= $182.43
Bottom border of price channel:
Exp(Y1,125)
= Exp(a + b × X1,125 – 2 × s)
= Exp(a + b × 1,633 – 2 × s)
= Exp(9.9352 + -0.0029 × 1,633 – 2 × 0.0384)
= Exp(5.0526)
= $156.43
March 18, 2025 calculations
Top border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 + 2 × s)
= Exp(a + b × 1,813 + 2 × s)
= Exp(9.9352 + -0.0029 × 1,813 + 2 × 0.0384)
= Exp(4.6767)
= $107.41
Bottom border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 – 2 × s)
= Exp(a + b × 1,813 – 2 × s)
= Exp(9.9352 + -0.0029 × 1,813 – 2 × 0.0384)
= Exp(4.5229)
= $92.10
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 65.84% per annum.
- AMD price at the close of March 28, 2025 was $103.22 and was inside the primary price channel.
Secondary Trend
Start date: February 27, 2025
End date: March 27, 2025
a = -3.6612
b = 0.0046
s = 0.0307
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0046) – 1
= 433.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0307) – 1
= 13.08%
February 27, 2025 calculations
Top border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 + 2 × s)
= Exp(a + b × 1,794 + 2 × s)
= Exp(-3.6612 + 0.0046 × 1,794 + 2 × 0.0307)
= Exp(4.6303)
= $102.55
Bottom border of price channel:
Exp(Y1,234)
= Exp(a + b × X1,234 – 2 × s)
= Exp(a + b × 1,794 – 2 × s)
= Exp(-3.6612 + 0.0046 × 1,794 – 2 × 0.0307)
= Exp(4.5074)
= $90.69
March 27, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(-3.6612 + 0.0046 × 1,822 + 2 × 0.0307)
= Exp(4.7588)
= $116.60
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(-3.6612 + 0.0046 × 1,822 – 2 × 0.0307)
= Exp(4.6359)
= $103.12
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 433.59% per annum.
- AMD price at the close of March 28, 2025 was lower than the bottom border of the secondary price channel by $0.37 (0.36%). This indicates a possible reversal in the secondary trend direction.