AMAT chart analysis today

AMAT broke down from a rising wedge 4 days ago on light volume inside a weekly uptrend. Above $557.86 the break has failed.

Applied Materials · daily · last close $441.85 · read computed from candles through 2026-09-01. No AI, no signal, no target.

AMAT · Dailydaily
$287.17$408.68$530.18$651.68$773.19avg30952460154762300VolumePOLERISING WEDGEBroke out $557.86Breaks above $557.86Breaks below $420.50Weekly resistance $513.22Weekly support $327.32

The two prices that decide it

Above
$557.86 · the breakout
Below
$420.50 · the double bottom
Formation state
Broke below $557.86 4 days ago on light volume. No retest yet.
Trend
lower highs and lower lows over the window, 3 steps across 44 bars, still intact
Agreement
Structure 3 of 4 (high) · indicators 3 of 3 (high)

Levels and what happened there

  • Bigger picture Weekly up, daily falling. weekly — uptrend intact, nearest resistance $513.22, bull flag at $509.37.
  • 52 weeks 40% below its 52-week high of $739.67 and 186% above its 52-week low of $154.47.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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