We assign a technical rating of 6 out of 10 to RMBS. In the last year, RMBS was one of the better performers, but we do observe some doubts in the very recent evolution.
RMBS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 88.20, a Stop Loss order could be placed below this zone.
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48.78
We found 2 important support areas.
- A support zone ranging from 87.28 to 88.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.27 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @95.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 106.37 to 107.67. 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 RMBS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMBS is down. |
| ChartMill Relative Strength | 92.71 | POSITIVE | RMBS has a high relative strength, it outperformed 92.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMBS is below a declining 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) | 47.3 | NEUTRAL | The RSI value for RMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests RMBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.95 | NEUTRAL | The Stochastics value for RMBS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for RMBS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for RMBS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 95.58 | 87.27 | 8.31 (8.69%) | 11.50% |
| An entry @95.58. This is a Buy Stop order right above the resistance zone. | An exit @87.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.31 points, which is 8.69%. | When investing 11.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RMBS. Please evaluate whether better entry and exit points can be found.
- 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.
94.19
-1.38 (-1.44%)
RAMBUS INC / RMBS FAQ
What is the ChartMill technical rating of RAMBUS INC (RMBS) stock?
ChartMill assigns a technical rating of 6 / 10 to RMBS.
Can you provide the trend direction for RAMBUS INC?
The current trend direction for RAMBUS INC (RMBS) is Bullish.
What is the RSI signal for RMBS stock?
RAMBUS INC (RMBS) has an RSI value of 47.302. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RAMBUS INC?
The short term momentum for RAMBUS INC (RMBS) is negative.
What are the support and resistance levels for RAMBUS INC (RMBS) stock?
RAMBUS INC (RMBS) has a support level at 88.2 and a resistance level at 95.57. Check the full technical report for our detailed analysis of RMBS support and resistance levels.