Advanced Micro Devices is rising today: what traders are watching

Traders Union
All News
Financial News
AMD surges 5.13% to $248.87 today

Highlights

Advanced Micro Devices will report Q4 2025 earnings after market close on Tuesday, February 3, with investor attention on MI300 AI chip performance.
Chung Wu Investment Group LLC significantly increased its stake in AMD during Q3, according to a recent SEC filing.
AMD trades at $248.87, above MA-20, MA-50, and MA-200, with support at $233.35 and potential resistance at $250; technical momentum remains strong and bullish.

Investor positioning strengthens as focus intensifies on AI chip earnings

Advanced Micro Devices is scheduled to report its fourth quarter 2025 earnings after the market closes on Tuesday, February 3. Investor focus remains on the company’s AI and data center product performance, including the recently launched MI300 AI chip line. A recent SEC filing also shows that Chung Wu Investment Group LLC significantly increased its position in AMD shares in the third quarter.

Anton Kharitonov, expert at Traders Union, points to AMD’s bullish price structure above all major moving averages. He notes technical signals show momentum, but also highlight significant overbought conditions on several oscillators. SEC filings about institutional inflows are no guarantee of continued upside. High volatility near $250 and stretched sentiment raise the risk of a sharp retracement. As Kharitonov states, "Chasing AMD at these levels carries increased downside risk if momentum fades and key support at $233.35 is lost."

Viktoras Karapetjanc, expert at Traders Union, sees AMD’s uptrend as supported by robust technical and institutional factors. He highlights strong investor demand, with the Chung Wu Investment Group stake as a sign of continued confidence. Karapetjanc expects the bullish structure to persist ahead of key earnings results, especially with momentum indicators aligning. "Breakout potential above $250 remains high and further growth is likely as AI and data center themes support AMD in the coming sessions," he says.

Momentum supports uptrend as oscillators warn of overbought risk

Momentum looks constructive on daily and weekly timeframes, as the MACD remains in buy mode and ADX signals are neutral to positive. RSI and Stoch RSI are mixed, with daily values showing some buying pressure but highlighting potential overbought conditions across multiple intraday intervals. BBP indicates strong buyer dominance, but oscillators such as the Stoch RSI and CCI suggest overbought levels, pointing to a divergence with underlying momentum. The daily gain of 5.13% reflects a strong move higher, with only a minimal gap at the open; the current price now trades near the day’s high, showing high intraday volatility and persistent upward pressure after the open.

Previously it was reported that AMD is exhibiting bullish momentum across all major moving averages, trading above key short- medium- and long-term trend levels, with technical indicators such as MACD supporting upward movement despite overbought signals from oscillators. Support is noted near the Ichimoku Kijun and MA-50 levels, while the next major resistance is at $250, with consolidation expected between $234 and $250 amid elevated volatility and breakout risk.

Source of Data: AMD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.