Applied Materials(AMAT)
Auto-detected technical analysis for AMAT · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
AMAT is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.
A rising wedge usually breaks lower, but AMAT is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $501.51 (+11.0%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; AMAT's own rising wedges have hit 36.4%.
New to this pattern? What a rising wedge is and how to trade it →
AMAT's most recent completed rising wedge resolved as a loss: it broke down on May 18, 2026 near $418.97, then was stopped out at $454.89 on May 26, 2026 — a 8.6% move (-1.22R) over 5 sessions. Across 151 backtested rising wedges, this setup wins 47.7% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.
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 | May 18, 2026 @ $418.97 | May 26, 2026 @ $454.89 | Loss | +19.7% · -1.22R |
| Bullish Pennant | Apr 8, 2026 @ $378.89 | Jun 5, 2026 @ $453.01 | Win | +25.0% · +1.27R |
| Bullish Pennant | Jun 24, 2025 @ $179.74 | Aug 15, 2025 @ $161.75 | Loss | +16.2% · -1.30R |
| Triangle | Nov 15, 2024 @ $168.34 | Jan 22, 2025 @ $195.51 | Loss | +21.9% · -1.05R |
| Bullish Pennant | Sep 13, 2024 @ $186.08 | Nov 15, 2024 @ $168.88 | Loss | +49.1% · -1.36R |
| Rising Wedge | Jul 16, 2024 @ $243.89 | Jul 17, 2024 @ $221.82 | Win | +11.1% · +1.84R |
| Rising Wedge | Jun 11, 2024 @ $229.68 | Jul 24, 2024 @ $206.53 | Loss | +14.7% · -1.12R |
| Bullish Pennant | Dec 11, 2023 @ $149.21 | Jan 2, 2024 @ $154.37 | Win | +11.2% · +0.71R |
| Falling Wedge | Nov 8, 2023 @ $142.92 | Jan 2, 2024 @ $154.37 | Win | +14.5% · +0.83R |
| Bullish Pennant | Mar 16, 2023 @ $121.03 | Apr 17, 2023 @ $111.79 | Loss | +14.1% · -1.01R |
| Bullish Pennant | Jan 23, 2023 @ $112.68 | Jun 21, 2023 @ $136.67 | Win | +23.9% · +1.26R |
| Falling Wedge | Mar 16, 2022 @ $127.32 | Apr 11, 2022 @ $116.24 | Loss | +23.1% · -1.21R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $544.31 | $563.34 | $543.18 | $553.92 |
| Jul 21, 2026 | $564.95 | $572.50 | $552.00 | $564.55 |
| Jul 20, 2026 | $545.63 | $554.99 | $522.96 | $525.70 |
| Jul 17, 2026 | $532.40 | $551.18 | $513.22 | $529.66 |
| Jul 16, 2026 | $562.54 | $591.09 | $557.27 | $560.93 |
| Jul 15, 2026 | $610.38 | $611.72 | $557.16 | $579.43 |
| Jul 14, 2026 | $613.90 | $614.14 | $584.00 | $595.70 |
| Jul 13, 2026 | $582.01 | $590.02 | $568.15 | $575.39 |
| Jul 10, 2026 | $578.24 | $609.22 | $573.39 | $602.50 |
| Jul 9, 2026 | $627.31 | $629.98 | $585.45 | $588.66 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.