Stand aside — setup invalidated
Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
AMAT · Applied Materials, Inc.
$387.59 +2.74% Oct 26 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$AMAT
Applied Materials, Inc.Applied Materials, Inc. is a mega-cap Industrial Machinery company in the Producer Manufacturing sector with a market cap of $308B.
Market Structure
Trend structure: range
Latest event: structure_shift
(bullish)
Momentum Turn Watch
Bollinger Lower-Band Support
Price ($387.59) is holding just above the lower Bollinger band ($346.20; %B 17) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Historical verdict · setup score 80/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $387.59, MA150 $476.54, MA200 $442.46
- Minervini 1.4 50-day MA > 150-day MA AND 200-day MA — MA50 $466.03, MA150 $476.54, MA200 $442.46
- O'Neil C: Quarterly EPS acceleration ≥ 25% — +20.2% QoQ
- O'Neil N: Near 52-week high or RS line new high — 47.6% below high | RS line new high: False
- Weinstein Price above 30-week MA (200-day proxy) — Price $387.59 vs MA200 $442.46
- Weinstein Volume expansion above average — Volume ratio 0.91x
Minority view — the council disagrees here
- Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
70
Strong
Legend Score · rates the stock
Strong (70/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 92
- Trend Template (25%) 88
- Institutional Footprint (20%) 72
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 45
RS rank 91: top 9% of all stocks — true leadership. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 72: mild accumulation. EPS up +0% — growing, but below the 25% leadership bar. Quality 45: weak fundamentals (sales growth 30, return on equity 42, leverage 100). Updated 2026-10-13.
Earnings
Normal technical setup
Next earnings
Thursday, November 12, 2026
After market close
Exact clock time not supplied by source
Deterministic evidence
AMAT+2.74%
Sector proxy · XLI+1.42%
Broad market · SPY+0.71%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+2.74%
From the open+1.93%
Range position63%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$203.40
Tight Wks
0
Base
B1
SMA 200
$442.46
RS Line vs High
-34.0%
RS Line Slope
+15.0% ▲
Group Rank
#30/66
ADR%
3.3%
ATR(14)
$20.31 (5.2%)
Vol Pace (live)
N/A
A/D Days
12A / 17D
A/D Rating
E
VDU Bars
0/10 d
Earnings
in 16d
AMAT Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$AMAT · $387.59 · as of 2026-10-26 · multi-factor read
15
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▼ Downtrend
Monthly
▼ Downtrend
Moving Averages
50-day$466.03 ↓
100-day$512.46 ↓
200-day$442.46 ↓
Bullish (50 > 200)
RSI (14)
Reading30.6 · Bearish
Bearish momentum — sellers in control.
MACD (12/26/9)
StateBearish
Histogram-11.217
Bearish — MACD below its signal line and below zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width17% · 51.4%
Near the lower band — under pressure or oversold.
Volume · Buyer vs Seller
Up/Down vol0.33 · Distribution
Rel volume0.91×
Pocket pivots · 10d0
5d vs 50d vol114%
Heavy vol up / down0 / 3
Distribution — volume is concentrated on down days; sellers dominate. Recent volume is expanding versus its baseline.
- 3 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $407.29swing level
R · $420.50swing level
R · $448.45swing level
Price · $387.59now
S · $377.07swing level
S · $203.4052-week low
Fibonacci · Downtrend swing
23.6%$459.38
38.2%$512.94
50.0%$556.24
61.8%$599.53
78.6%$661.16
Retracement resistance zones measured from the recent swing high down to the low.
The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for AMAT — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Weekly downtrendMonthly downtrendBelow 200-day MA50/200 bullishVolume distributionRS 91 (leader)
Want this read in a legend's voice?
Ask a Legend about AMAT
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (80/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
6 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Avoid
D
Trend-template read: fails Price > 150-day MA AND 200-day MA.
partialRule check says AVOID (4/10 checks passed) — Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $476.54 vs MA200 $442.46
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 91
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $387.59, MA150 $476.54, MA200 $442.46
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $466.03, MA150 $476.54, MA200 $442.46
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 91
A: Annual earnings & revenue qualityRev +4.4% | ROE 39.8%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+20.2% QoQ
N: Near 52-week high or RS line new high47.6% below high | RS line new high: False
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
30-week MA trending upwardFrom weekly scan context
Failing evidence
Price above 30-week MA (200-day proxy)Price $387.59 vs MA200 $442.46
Volume expansion above averageVolume ratio 0.91x
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $372.80
Volatility-unit sizing (1N ≈ 1% of equity)1N = $20.43 (5.27% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
D
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $445.73-$465.11; trail the rest
Trail on the 10/20-day MA10-day MA $411.76 · 20-day MA $465.88 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+20.2% QoQ — Zweig wants growth above the S&P average
Price strength (RS ≥ 70)RS score 91 — Zweig buys strength, not bargains
Failing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 44.8x — no PEG or forward P/E stored
Insider buyingNo insider buying flagged
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$387.59
Relative strengthRS 91
Failing evidence
Volume vs average0.91x
Distance from 52-week high47.6% below high
Darvas
Watch
B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$387.59
Relative strengthRS 91
Failing evidence
Volume vs average0.91x
Distance from 52-week high47.6% below high
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$387.59
Relative strengthRS 91
Failing evidence
Volume vs average0.91x
Distance from 52-week high47.6% below high
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -6
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
+20%
Revenue growth ≥20% YoY
+4%
Gross margin ≥30%
49%
ROE ≥17%
40%
RS rating ≥80 (leadership)
91
Stage 2 uptrend (Weinstein)
Stage 1
Within 25% of 52W high
-47.6%
Method Playbook
Trade it like Darvas
EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
80
setup score
RS Score
91
Trend template
4/8
Why This Setup?
Trend Only · schematic
Gatekeeper 7/8 | Strong trend (7/8) | Top RS (91) | Stage 2
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
1/7
universals met
- Risk is defined — not met No stop — undefined risk
- Asymmetric reward — partly met No target set
- Clear of earnings — partly met in 16 days — size down
- In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 0.6× average — light
- A relative-strength leader — met RS rank 80
Minervini Trend Template
4/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$387.59 vs SMA150 $476.54 / SMA200 $442.46
SMA 150 above SMA 200
SMA150 $476.54 vs SMA200 $442.46
SMA 200 trending up
Slope +19.95 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $466.03
Price above SMA 50
$387.59 vs SMA50 $466.03
30%+ above 52-week low
+90.6% from $203.40
Within 25% of 52-week high
-47.6% from $739.67
RS score above 70
RS 91
Fundamentals
52W Range
34%
Mkt Cap SEC
307.6B
EPS QoQ
+20%
Rev YoY
+4%
ROE
40%
Gross Margin
49%
D/E
0.32
EPS TTM
$8.66
P/E TTM
44.8x
Float
794M
Insider
No Buy
Company
Company profile
Applied Materials, Inc.
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
7/8
W. RS
96
W. Support
$377.07
W. Resist
$739.67
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
Oct 13
Trend Only
✓ Gate
80
Oct 12
Trend Only
✓ Gate
88
-22.1%
Oct 12
Trend Only
✓ Gate
86
-22.1%
Oct 10
Trend Only
✓ Gate
86
-22.1%
Oct 09
Trend Only
✓ Gate
81
-23.6%
Oct 08
Trend Only
✓ Gate
81
-23.9%
Latest News
Headlines for AMATLoading headlines…
Get the full picture on AMAT
Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.
Start 7-Day Free Trial