Advanced Micro Devices (AMD) entered 2026 with strong momentum, especially due to rising demand for AI chips. Its partnerships with OpenAI and Oracle (ORCL), expanding data‑center footprint, and accelerating revenue growth all point to meaningful upside potential. Importantly, AMD stock is a Buy, according to the technical indicators, implying further upside from current levels.
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Analyzing AMD Stock’s Technical Indicators
According to TipRanks’ easy-to-understand technical analysis tool, Advanced Micro Devices stock is currently on an upward trend. The stock’s 50-day Exponential Moving Average (EMA) is 223.50, while its price is $252.03, implying a bullish signal.
Another technical indicator, Williams %R, helps traders see if a stock is overbought or oversold. For AMD stock, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run.
Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock’s price between the current price and the price from a specific number of periods ago. Typically, an ROC above zero confirms an uptrend. AMD currently has an ROC of 17.58, which signals a Buy.
Is AMD a Buy or Sell Now?
Turning to Wall Street, AMD stock has a Strong Buy consensus rating based on 25 Buys and eight Holds assigned in the last three months. At $286.66, the average AMD stock price target implies a 13.74% upside potential.
