AMBARELLA INC (AMBA) Stock Technical Analysis
NASDAQ:AMBA - Nasdaq - KYG037AX1015 - Common Stock - Currency: USD
Taking everything into account, AMBA scores 1 out of 10 in our technical rating. AMBA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AMBA is a bad performer in the overall market: 74% of all stocks are doing better.
AMBA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month AMBA has a been trading in the 38.86 - 50.63 range, which is quite wide. It is currently trading near the high of this range.
AMBA is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, AMBA did better than 67% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AMBA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.39
80.70
When analyzing the support we can see 3 important areas.
- Support @47.13 from a horizontal line in the daily time frame.
- Support @40.99 from a horizontal line in the weekly time frame.
- Support @39.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @79.90 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-1.42
10 Day High50.64
10 Day Low40.81
20 Day High50.64
20 Day Low38.86
52 Week High85.15
52 Week Low38.86
Performance
1 Week6.01%
2 Weeks16.98%
1 Month11.35%
3 Month-34.27%
6 Month-12.86%
12 Month5.39%
2 Year-30.27%
3 Year-40.82%
5 Year-11.12%
10 Year-44.1%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.3
RSI(14)56.01
LBB40.12
UBB50.93
50.43
+2.27 (+4.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.71%
1 Week6.01%
2 Weeks16.98%
1 Month11.35%
3 Month-34.27%
6 Month-12.86%
12 Month5.39%
2 Year-30.27%
3 Year-40.82%
5 Year-11.12%
10 Year-44.1%
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%6.56%
ATR Inc-28.77%
Range Today1.34
ADR(20)2.82
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-1.42
10 Day High50.64
10 Day Low40.81
20 Day High50.64
20 Day Low38.86
52 Week High85.15
52 Week Low38.86
CS1 End47.13
CR1 Start79.9
Volume & EV
DER(3)2.67%
DER(5)0.47%
Volume539.70K
Volume Incr-45.49%
Vol(5)442.72K
Vol(50)941.27K