Applied MaterialsAMAT
Auto-detected technical analysis for AMAT · data as of Aug 31, 2026. The chart above is live; the read below updates daily.
AMAT is currently forming a falling wedge on the daily timeframe. Detected Aug 31, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $693.81 (+31.6%).
New to this pattern? What a falling wedge is and how to trade it →
AMAT's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jun 2, 2026 near $480.24, then reached its target at $627.76 on Jul 6, 2026 — a 30.7% move (+3.51R) over 22 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
Every completed pattern trade our nightly backtest found on AMAT's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Jun 2, 2026 @ $480.24 | Jul 6, 2026 @ $627.75 | Win | +14.4% · +3.51R |
| Triangle | May 6, 2026 @ $423.48 | Jun 8, 2026 @ $476.00 | Win | +15.8% · +1.39R |
| Triangle | Apr 24, 2026 @ $419.11 | Apr 29, 2026 @ $383.87 | Loss | +18.6% · -1.27R |
| Triangle | Apr 8, 2026 @ $387.10 | Jun 8, 2026 @ $476.00 | Win | +18.1% · +2.14R |
| Rising wedge | Dec 17, 2025 @ $251.24 | Jan 5, 2026 @ $276.12 | Loss | +16.7% · -1.00R |
| Rising wedge | Dec 2, 2025 @ $265.51 | Feb 2, 2026 @ $320.60 | Win | +17.4% · +3.12R |
| Rising wedge | Nov 11, 2025 @ $227.93 | Nov 14, 2025 @ $218.92 | Win | +4.0% · +0.62R |
| Rising wedge | Nov 7, 2025 @ $228.94 | Nov 25, 2025 @ $242.50 | Loss | +17.8% · -1.00R |
| Falling wedge | Sep 5, 2025 @ $160.26 | Oct 13, 2025 @ $220.35 | Win | +13.8% · +10.37R |
| Rising wedge | Jul 31, 2025 @ $177.88 | Aug 15, 2025 @ $166.99 | Win | +10.2% · +0.75R |
| Rising wedge | Jul 8, 2025 @ $195.77 | Jul 23, 2025 @ $187.68 | Loss | +17.2% · -1.13R |
| Rising wedge | May 12, 2025 @ $166.44 | May 22, 2025 @ $160.69 | Loss | +5.2% · -0.49R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price was turned away at a ceiling near $805.35 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $378.01 — still about 18% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 31, 2026 | $462.41 | $465.90 | $458.79 | $459.51 |
| Aug 28, 2026 | $476.26 | $477.97 | $460.51 | $461.67 |
| Aug 27, 2026 | $481.50 | $484.98 | $471.00 | $482.36 |
| Aug 26, 2026 | $479.74 | $480.67 | $472.40 | $479.76 |
| Aug 25, 2026 | $490.06 | $492.30 | $475.88 | $480.04 |
| Aug 24, 2026 | $481.88 | $489.74 | $473.67 | $484.19 |
| Aug 21, 2026 | $503.00 | $503.50 | $483.13 | $492.32 |
| Aug 20, 2026 | $489.58 | $499.89 | $487.47 | $496.21 |
| Aug 19, 2026 | $508.41 | $513.48 | $488.55 | $496.17 |
| Aug 18, 2026 | $507.37 | $516.83 | $497.73 | $514.33 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.