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Asset Summary

Daily Performance Report for AMAT ETF: Nov 21, 2024

Summary: The day started with AMAT ETF opening at $170.35 and closing at $167. The ETF showed weakness throughout the day, with the highest price observed at $170.35 and the lowest at $167. The underlying asset had a trading range of $3.35 Overall, it was a negative trading day for AMAT ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-3.35 or -1.97% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for AMAT ETF was 5,244 units during Nov 21, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $170.35.

Highest Price: The highest price observed during the day was $170.35.

Lowest Price: The lowest price observed during the day was $167.

Closing Price: The day ended at $167.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Applied Materials reports its financial results quarterly, providing updates on revenue, earnings, and market outlook.

AMAT has shown a strong historical performance, reflecting growth in the semiconductor industry and increasing demand for electronic devices.

Key products include semiconductor fabrication equipment, inspection tools, and services that enhance productivity and efficiency in manufacturing processes.

Recent innovations include advancements in atomic layer deposition, etch technologies, and equipment that supports the production of next-generation semiconductors.

Yes, Applied Materials pays dividends to its shareholders and has a history of increasing its dividend payouts over time.

Risks include market volatility, dependency on the semiconductor industry, competitive pressures, and potential fluctuations in demand for electronic devices.

Applied Materials plays a crucial role in the technology industry by providing the equipment and services necessary for manufacturing semiconductors, which are foundational to modern electronics.

Applied Materials generates revenue primarily through the sale of equipment, software, and services for the semiconductor and display industries.

Yes, AMAT shares can be purchased through retirement accounts such as IRAs or 401(k)s, depending on the brokerage offering the account.

AMAT has been considered a solid investment due to its leading position in the semiconductor equipment market and its consistent financial performance, but investors should assess their risk tolerance.

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