TradingKey – As of the close on September 25 Eastern Time, AMD (AMD) stock price set another all-time high, closing at $630.63 after reaching an intraday high of $639, up 0.22% on the day. Previously, AMD surged on September 21, crossing $1 trillion in market capitalization for the first time, and its stock price has since sustained above $600.

AMD daily stock price chart, Source: TradingView

From the perspective of moving averages, AMD’s 5-day moving average currently stands at $622.76, the 10-day moving average at $572.88, and the 20-day moving average at $528.10. The short-to-medium-term moving averages maintain a bullish alignment, with the stock price continuing to trade well above major moving averages, indicating that the overall…