ATLAS News · Markets
AMD stock fell at the open on Nov. 13, with TradingKey citing macroeconomic concerns and institutional profit-taking. Investing.com also covered the decline.
Shares of Advanced Micro Devices (AMD) came under pressure on Nov. 13. TradingKey reports the stock opened lower that day, and Investing.com ran a piece asking why the shares were sliding.
TradingKey attributes the weakness to macroeconomic concerns and profit-taking by institutional investors. Its report adds that the data center segment continues to drive the company's growth, while the gaming business has seen cyclical softness.
On the technical side, TradingKey says the relative strength index (RSI) sits at a neutral level, while the Williams %R indicator points to overbought conditions.
Chipmakers such as AMD are often sensitive to broader economic sentiment, and institutional investors sometimes lock in gains after strong runs.
The move shows how AMD shares can react to macro sentiment and investor positioning even when its data center business is described as a growth driver.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
Technology · NASDAQ
live price · USD
Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.
Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.
S&P 500 (SPY): 757.12 (−0.35%) · November 12
Nasdaq-100 (QQQ): 688.17 (−0.32%) · November 12
Dow Jones (DIA): 522.47 (−0.38%) · November 12
ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.
Latest market news · Markets today on ATLAS · Advanced Micro Devices
Fair value, probabilities and earnings for every stock. Free account, no card. Information, not advice.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
ATLAS Signals
The week in the market, three stocks on ATLAS’s radar and what comes next. Get it every Monday.
By subscribing you agree to receive ATLAS Signals by email every Monday. You can unsubscribe with one click at any time. Privacy
ATLAS