$AMAT - YCL Ahead

Let's dive into Applied Materials, Inc. ($AMAT) and its observed long weekly cycle. Since 2020, $AMAT has been showing a consistent cycle, hitting its cycle lows about every 54 weeks. We can think of this as a yearly cycle.

The Cycle

The $AMAT yearly cycle can be dissected into two shorter cycles, with the Half Cycle Low (HCL) typically occurring between weeks 27-32. These HCL swings are critical as they represent the smaller weekly cycles that build into the larger framework of our cycle analysis. It's a classic example of how smaller cycles aggregate to form larger, more significant cycles – from Daily Cycle Low (DCL) to Intermediate Cycle Low (ICL), to Yearly Cycle Low (YCL), and even the 3-Year Cycle Low (3YCL). Smaller gears that drive the bigger gears in a clock 🕰️.

Where We Are Now

Now on week 30 of its cycle, $AMAT is on the hunt for its YCH. The price is nudging the upper boundary of the pitchfork while peaking outside the Keltner channel, signalling cycle peaking. Additionally, we are noticing negative divergence as investors anticipate YCH. Cycle top will be marked by a weekly swing high, but until then we can continue to push higher until YCH is reached.

What’s Next?

Looking ahead, late October to November seems to line up with the next cycle low. This is also when we expect a general dip in the stock market, which could affect $AMAT too.

Why This Matters

Knowing these cycle patterns offers valuable insights into the rhythms of the market. Recognizing the approach to a YCH can inform observers about potential shifts in momentum while identifying possible timing for cycle highs and lows.

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Understanding these market rhythms can be complex, but you don't have to navigate them alone. At Airlovsky, we specialize in deciphering market cycles to enhance your knowledge.

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