Advanced Micro Devices (NASDAQ: AMD) could correct to $ 335 if the main technical part is finished, according to a TradingView analysis.
In July 9 TradingView postThe analyst noted AMD’s 50-day average daily (MA) as a necessary starting point.
If the treatment fails, that is property It may drop to the 200-day moving average (MA200), which is expected to approach $335, this move will take place on August 11, 2026.
Of course, AMD has been one of the draws semiconductor the best performer this year, gained more than 150% in 2026 and traded at $557 as of press time after reaching a high of $560.
The analysis shows that while AMD continues to post highs on the daily chart, its Relative Strength Index (RSI) has been making new lows since late April.
This bearish divergence is often seen as a sign that the bullish trend is weakening even as prices are rising.
A similar pattern appeared after AMD’s late-2025 rally, when the RSI weakness began to rest below the MA50 and then become a long-term correction.
AMD stock requirements
The current launch follows a strong advance, AMD is up about 213% from its March 2026 low compared to about 248% in the previous session.
According to the analysis, the MA50 is still an important sector to watch. AMD has been repeatedly holding the top of the line despite several pullbacks, but a major crash could lead to a deep retracement.
In this situation, the stock may seek support at its MA200, which the chart is looking for around $335.
The bearish The technology launch comes despite AMD’s success in business. The company reported first-quarter revenue of $10.3 billion, up 38% year over year.
Comparatively, data revenue increased 57% to $5.8 billion, driven by demand for EPYC server processors and AI accelerators.
AMD has also led a total of 11.2 billion dollars in the second part of the income, which is given on August 4. This period is notable because the weakness is expected to start shortly after the profit events, which makes the report useful to confirm or prevent the bearish establishment.
