RMBS Technical Analysis - RAMBUS INC

Technical Rating and Analysis

Taking everything into account, RMBS scores 10 out of 10 in our technical rating. 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 95% 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 one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 89% of 112 stocks in the same industry.

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.

RMBS has an average volume of 1965600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month RMBS has a been trading in the 77.85 - 109.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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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

RMBS has an excellent technical rating, but the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

70.84

103.65

When analyzing the support we can see 4 important areas.

Support @96.84 from a horizontal line in the daily time frame.
Support @80.93 from a trend line in the daily time frame.
Support @77.66 from a trend line in the daily time frame.
Support @71.56 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 99.99 to 102.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	95.23	POSITIVE	RMBS has a high relative strength, it outperformed 95.23% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of RMBS is below 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)	57.34	NEUTRAL	The RSI value for RMBS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.35	NEGATIVE	The MACD value suggests RMBS has a negative trend.
Stochastics (14,3)	29.09	NEUTRAL	The Stochastics value for RMBS is a neutral value.
Average True Range in percent/ATR (20)	6.22	HIGH VOLATILITY	The high ATR as a percentage value for RMBS suggests high volalility.
Average Directional Index/ADX (14)	34.77	POSITIVE	The high ADX value value for RMBS suggests a strong trend.