The tweet was deleted by the author.
But we saved everything 🙂.
Applied Materials reported results for the fourth quarter and full year fiscal 2026. The stock is down 3.5% on the day at $380.95.
Applied Materials reported its fourth-quarter and full-year fiscal 2026 results, according to Applied4Tech. Q4 fiscal 2026 revenue increased 53% to $10.41 billion, Crypto Briefing reported. Adjusted earnings per share reached $4.16, up 92% year-over-year, according to the same source.
View post on X Loading...
Applied Materials stock opened the session with a sharp gap down from $395.08 to $379.32. Price remains below its MA-20 at $387.32, as well as the MA-50 and MA-200, reinforcing the daily bearish structure. Stoch RSI is in overbought territory, a stretched reading that limits room for further upside.
To gauge whether the recent move is being absorbed, traders should watch for a close above $387.32. The session began with shares gapping down from $395.08 to $379.32, and price has since retraced part of that initial drop. From here, downside is slightly favored with a 60% probability compared to 40% for upside over the coming trading week, and price is expected to trade between $347.29 and $414.6. A close above the nearest resistance would show buyers are willing to follow through, while a drop below $329.45 would indicate the move is being faded. On the weekly chart the longer-term picture stays constructive.
Earlier, analysts noted that Applied Materials was exhibiting weakness below technical resistance and remained vulnerable to further downside amid ongoing selling pressure. The latest earnings results confirm this near-term bearish tilt, with traders now watching for a sustained move above $387.32 to signal a potential reversal within an expected trading range of $347.29 to $414.6 in the coming week.