AMBARELLA INC (AMBA) Stock Technical Analysis
USA - NASDAQ:AMBA - KYG037AX1015 - Common Stock
83.45 USD
+3.66 (+4.59%)
83.61 USD
+0.16 (+0.19%)
Taking everything into account, AMBA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AMBA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AMBA did better than 88% of all other stocks.
AMBA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMBA is lagging the market slightly.
AMBA is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 112 stocks in the same industry.
In the last month AMBA has a been trading in the 72.58 - 88.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AMBA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 83.83. Right above this resistance zone may be a good entry point.
More info and screens
40.58
85.00
We found 3 important support areas.
- Support @74.78 from a trend line in the daily time frame.
- A support zone ranging from 72.88 to 72.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.83 to 84.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMBA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMBA is neutral. |
| ChartMill Relative Strength | 88.51 | POSITIVE | AMBA has a high relative strength, it outperformed 88.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.45 | NEUTRAL | The RSI value for AMBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests AMBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.09 | NEUTRAL | The Stochastics value for AMBA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for AMBA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for AMBA suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 84.17 | 74.77 | 9.40 (11.17%) | 8.95% |
| An entry @84.17. This is a Buy Stop order right above the resistance zone. | An exit @74.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.40 points, which is 11.17%. | For a 1.00% total portfolio risk, you can invest 8.95% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
83.45
+3.66 (+4.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.59%
1 Week-0.76%
2 Weeks-0.98%
1 Month0.06%
3 Month23.96%
6 Month75.43%
12 Month44.5%
2 Year85.49%
3 Year52.48%
5 Year52.64%
10 Year68.79%
15 YearN/A
Volatility
ATR(14)4.71
ATR(20)%5.06%
ATR Inc3%
Range Today5.27
ADR(20)3.89
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
3 months CRS88.01
6 months CRS90.93
Mansfield1.36
10 Day High88.49
10 Day Low72.58
20 Day High88.49
20 Day Low72.58
52 Week High93.44
52 Week Low38.86
CS1 End74.78
CR1 Start83.83
Volume & EV
DER(3)-2.68%
DER(5)-1.91%
Volume295.51K
Volume Incr-49.76%
Vol(5)322.86K
Vol(50)825.49K