RMBS Technical Analysis - RAMBUS INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to RMBS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RMBS is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, RMBS did better than 96% of all other stocks. On top of that, RMBS also shows a nice and consistent pattern of rising prices.

RMBS is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 93% of 112 stocks in the same industry.

RMBS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month RMBS has a been trading in the 67.15 - 100.73 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

RMBS has an average volume of 1524170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although RMBS has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

72.66

98.50

2 important support areas can be observed.

A support zone ranging from 74.77 to 75.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 73.39 to 73.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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Technical Indicator Signal Analysis

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 RMBS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for RMBS is up.
ChartMill Relative Strength	96.66	POSITIVE	RMBS has a high relative strength, it outperformed 96.66% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of RMBS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of RMBS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of RMBS is above the rising SMA(200).
Relative Strength Index/RSI (14)	75	OVERBOUGHT	The high RSI value suggests RMBS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.33	POSITIVE	The MACD value suggests RMBS has a positive trend.
Stochastics (14,3)	85.76	OVERBOUGHT	The high Stochastics value suggests RMBS may be overbought.
Average True Range in percent/ATR (20)	4.68	MEDIUM VOLATILITY	The ATR as a percentage value for RMBS suggests some volalility.
Average Directional Index/ADX (14)	31.41	POSITIVE	The high ADX value value for RMBS suggests a strong trend.