Large Outflow of Money Witnessed in Advanced Micro Devices

Advanced Micro Devices (AMD) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($8.96 million) and the uptick to downtick ratio was 0.91. The transaction value on upticks was $89.32 million and on downticks, the transaction value was $98.28 million. In block trades, the transaction value of inflow done during uptick was $21.63 million. The transaction value of block trades during downticks was $28.64 million. The uptick to downtick block trade ratio was 0.76. The money flow was negative ($7.01 million), indicating the traders were booking profit on the price strength. Advanced Micro Devices (AMD) rose $0.62 at $5.84, during intraday Friday , a rise of 11.88% over the previous days close.


Advanced Micro Devices (AMD) : The highest level Advanced Micro Devices (AMD) is projected to reach is $6 for the short term and the lowest estimate is at $2. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $3.9 and the possibility the share price can swing is $1.71.

Advanced Micro Devices (NASDAQ:AMD): stock turned positive on Friday. Though the stock opened at $5.73, the bulls momentum made the stock top out at $5.97 level for the day. The stock recorded a low of $5.45 and closed the trading day at $5.84, in the green by 11.88%. The total traded volume for the day was 101,838,278. The stock had closed at $5.22 in the previous days trading.

Advanced Micro Devices, Inc. is a global semiconductor company with facilities across the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company operates in two segments: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. The Company sells its products through direct sales force and through independent distributors and sales representatives in both domestic and international markets.

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