Large Inflow of Money Detected in Applied Materials

Applied Materials (AMAT) stock had a bullish inflow of $25.14 million worth of trades on uptick and an outflow of $17.22 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.46. The net money flow into the stock was $7.92 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $7.42 million. An inflow of $1.9 million block trade was recorded on downticks. $9.31 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 4.91 in favor of the bulls. However, Applied Materials (AMAT) stock traded down $0.03 , and reached $25.89, a drop of -0.1% over the previous day. On a weekly basis, the stock is 3.83%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 8.71% and the 50-Day Moving Average is 14.04%. Shares have rallied 33.14% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $25.30 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $23.93 and the 200 Day Moving Average price is recorded at $20.34.

Applied Materials (NASDAQ:AMAT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.08 and $25.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.10, notching a gain of 0.73% for the day. The total traded volume was 14,888,635 . The stock had closed at $25.91 on the previous day.

In an insider trading activity, Salehpour Ali, Officer (Sr. Vp, Gm New Mrkts & Service) of APPLIED MATERIALS INC /DE, unloaded 35,505 shares at an average price of $24.07 on June 23, 2016. The total amount of the transaction was worth $854,605, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied operates in four segments: Silicon Systems Group, Applied Global Services, Display, and Energy and Environmental Solutions. The Silicon Systems Group segment develops, manufactures and sells manufacturing equipment used to fabricate semiconductor chips. The Applied Global Services segment encompasses services, products and integrated solutions to optimize equipment and fab performance and productivity. The Display Segment includes products for manufacturing liquid crystal displays, organic light-emitting diodes and other display technologies for televisions, personal computers, tablets, smartphones and other devices. The Energy and Environmental Solutions segment includes systems for manufacturing wafer-based crystalline silicon cells and modules.

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