RAMBUS INC (RMBS) Stock Technical Analysis
NASDAQ:RMBS - Nasdaq - US7509171069 - Common Stock - Currency: USD
Overall RMBS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RMBS is only an average performer.
In the last month RMBS has a been trading in the 61.16 - 70.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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.
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.
When comparing the yearly performance of all stocks, we notice that RMBS is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
RMBS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, RMBS did better than 58% of them.
Although RMBS has an excellent technical rating, it does not offer a high quality setup 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
43.55
69.60
4 important support areas can be observed.
- A support zone ranging from 62.84 to 62.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.70 from a horizontal line in the daily time frame.
- Support @45.93 from a trend line in the weekly time frame.
- Support @43.99 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.75 to 68.91. 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 | NEUTRAL | NEUTRAL | The short term trend for RMBS is neutral. |
| ChartMill Relative Strength | 71.54 | POSITIVE | RMBS has a high relative strength, it outperformed 71.54% 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) | 46.71 | NEUTRAL | The RSI value for RMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests RMBS has a negative trend. |
| Stochastics (14,3) | 35.74 | NEUTRAL | The Stochastics value for RMBS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for RMBS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
62.85
-1.36 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.12%
1 Week-7.86%
2 Weeks-1.89%
1 Month0.53%
3 Month23.38%
6 Month-0.19%
12 Month6.53%
2 Year0.38%
3 Year148.62%
5 Year325.81%
10 Year380.14%
15 Year219.85%
Volatility
ATR(14)2.15
ATR(20)%3.31%
ATR Inc6.77%
Range Today1.53
ADR(20)1.96
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.54
Mansfield0.83
10 Day High70.05
10 Day Low61.16
20 Day High70.05
20 Day Low61.16
52 Week High70.05
52 Week Low37.42
CS1 End62.84
CR1 Start67.75
Volume & EV
DER(3)-0.55%
DER(5)-3.63%
Volume974.10K
Volume Incr31.59%
Vol(5)1.25M
Vol(50)933.31K