Taking everything into account, RMBS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RMBS 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 gets the benefit of the doubt for now.
- Looking at the yearly performance, RMBS did better than 91% of all other stocks. We also observe that the gains produced by RMBS over the past year are nicely spread over this period.
- RMBS 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 RMBS is lagging the market slightly.
- In the last month RMBS has a been trading in the 91.51 - 135.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- RMBS has an average volume of 2242550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RMBS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 62% of 113 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, RMBS also presents 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 99.66, a Stop Loss order could be placed below this zone.
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88.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 98.10 to 99.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.42 from a trend line in the daily time frame.
- Support @89.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @125.93 from a horizontal line 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 | UP | POSITIVE | The long term trend for RMBS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMBS is neutral. |
| ChartMill Relative Strength | 91.58 | POSITIVE | RMBS has a high relative strength, it outperformed 91.58% 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) | 53.65 | NEUTRAL | The RSI value for RMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests RMBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.98 | NEUTRAL | The Stochastics value for RMBS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for RMBS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for RMBS suggests a possible start of a new 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 |
|---|---|---|---|
| 125.94 | 98.09 | 27.85 (22.11%) | 4.52% |
| An entry @125.94. This is a Buy Stop order right above the resistance zone. | An exit @98.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 27.85 points, which is 22.11%. | When investing 4.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
110.92
+3.82 (+3.57%)
RAMBUS INC / RMBS FAQ
What is the ChartMill technical rating of RAMBUS INC (RMBS) stock?
ChartMill assigns a technical rating of 10 / 10 to RMBS.
What is the current trend direction of RAMBUS INC (RMBS) stock?
The current trend direction for RAMBUS INC (RMBS) is Bullish.
Can you provide the RSI signal for RAMBUS INC?
RAMBUS INC (RMBS) has an RSI value of 53.6496. 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 -1.45621, indicating a bearish trend.
What is the short term momentum for RAMBUS INC (RMBS) stock?
The short term momentum for RAMBUS INC (RMBS) is neutral.