RAMBUS INC (RMBS) Technical Analysis
NASDAQ:RMBS • US7509171069
Current stock price
RMBS Technical Rating and Analysis
Taking everything into account, RMBS scores 10 out of 10 in our technical rating. In the last year, RMBS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that RMBS is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, RMBS also shows a nice and consistent pattern of rising prices.
- 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 77.89 - 122.26 range, which is quite wide. It is currently trading near the high of this range.
- RMBS has an average volume of 2415450 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 64% of 115 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RMBS Weekly and Daily overview Charts
RMBS Setup Rating and Analysis
Although RMBS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RMBS Support and Resistance Analysis
79.91
2 important support areas can be observed.
- Support @88.15 from a horizontal line in the weekly time frame.
- Support @80.72 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @125.93 from a horizontal line in the daily time frame.
RMBS 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 | NEUTRAL | NEUTRAL | The long term trend for RMBS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMBS is up. |
| ChartMill Relative Strength | 94.84 | POSITIVE | RMBS has a high relative strength, it outperformed 94.84% 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) | 72.89 | OVERBOUGHT | The high RSI value suggests RMBS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.58 | POSITIVE | The MACD value suggests RMBS has a positive trend. |
| Stochastics (14,3) | 96.63 | OVERBOUGHT | The high Stochastics value suggests RMBS may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for RMBS suggests a possible start of a new trend. |
RMBS Chart- and CandleStick Pattern Analysis
RMBS Technicals: Chart, Performance Metrics, Trend & Indicators
121.73
+8.57 (+7.57%)
RAMBUS INC / RMBS TA 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 trend direction for RMBS stock?
The current trend direction for RAMBUS INC (RMBS) is Bearish.
What is the RSI signal for RAMBUS INC (RMBS) stock?
RAMBUS INC (RMBS) has an RSI value of 72.8932. This indicates that the stock is currently overbought.
What is the short term momentum for RMBS stock?
The short term momentum for RAMBUS INC (RMBS) is positive.
What is the support and resistance level for RMBS stock?
RAMBUS INC (RMBS) has a support level at 88.15 and a resistance level at 125.93. Check the full technical report for our detailed analysis of RMBS support and resistance levels.