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In today’s edition of the Daily Stock Report, we are going to feature Advanced Micro Devices Inc (AMD).The shares entered the Red unfavored zone in the SIA S&P 500 Report on July 19, 2024 at a price of $151.58 indicating there was no relative strength in the name and money flows were being attracted elsewhere. As of yesterday’s close, we see the shares are at $86.26 representing 43% loss since the unfavored rating. Currently the shares still reside in the Unfavored Zone at the #473 spot in the SIA S&P 500 Index report, down 3 spots in the last week.
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