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 (+2.81% over 10 days); RSI 48 — healthy momentum range; strong 1-year return of +169.4%; 3-month momentum positive (+16.2%). Concerns: below the 50-day MA (medium-term momentum negative). Currently 31.4% off its 52-week high. Score: +5/7.
AMAT is holding above its long-term 200-day MA ($388.67) but has slipped below the 50-day MA ($558.89), pointing to short-term weakness in an otherwise intact trend. An RSI of 48.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +169.4% compares to +20.4% for SPY (beat the market by 149.1%). The current 31.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.