Applied Materials Inc
Here’s whether Applied Materials Inc (AMAT) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+5.77% over 10 days); RSI 40 — healthy momentum range; strong 1-year return of +185.1%; 3-month momentum positive (+28.6%). Concerns: below the 50-day MA (medium-term momentum negative); declining volume on rally — weak conviction (0.65x 30d avg). Currently 27.5% off its 52-week high. Score: +4/7.
AMAT is holding above its long-term 200-day MA ($366.66) but has slipped below the 50-day MA ($537.49), pointing to short-term weakness in an otherwise intact trend. An RSI of 40.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +185.1% compares to +16.5% for SPY (beat the market by 168.6%). The current 27.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.