RAMBUS INC (RMBS) Technical Analysis
NASDAQ:RMBS • US7509171069
We assign a technical rating of 3 out of 10 to RMBS. Although RMBS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- RMBS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that RMBS is one of the better performing stocks in the market, outperforming 87% of all stocks.
- RMBS has an average volume of 2527270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- RMBS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 55% of 115 stocks in the same industry.
- RMBS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMBS is lagging the market slightly.
RMBS has a poor technical rating and the quality of the setup is also only medium 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
51.20
We found 2 important support areas.
- A support zone ranging from 87.28 to 88.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 91.86 to 92.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RMBS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMBS is down. |
| ChartMill Relative Strength | 87.61 | POSITIVE | RMBS has a high relative strength, it outperformed 87.61% 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) | 41.4 | NEUTRAL | The RSI value for RMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests RMBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.6 | NEUTRAL | The Stochastics value for RMBS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for RMBS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for RMBS suggests a weak or negative trend. |
RMBS Technicals: Chart, Performance Metrics, Trend & Indicators
89.78
-2.75 (-2.97%)
RAMBUS INC / RMBS FAQ
What is the ChartMill technical rating of RAMBUS INC (RMBS) stock?
ChartMill assigns a technical rating of 3 / 10 to RMBS.
What is the current trend direction of RAMBUS INC (RMBS) stock?
The current trend direction for RAMBUS INC (RMBS) is Bearish.
Can you provide the RSI signal for RAMBUS INC?
RAMBUS INC (RMBS) has an RSI value of 41.4042. This indicates that the stock is currently neutral.
What is the MACD signal for RAMBUS INC (RMBS) stock?
The MACD indicator for RAMBUS INC (RMBS) has a value of -0.619382, indicating a bearish trend.
What is the short term momentum for RAMBUS INC (RMBS) stock?
The short term momentum for RAMBUS INC (RMBS) is negative.