RAMBUS INC (RMBS) Technical Analysis
NASDAQ:RMBS • US7509171069
Current stock price
RMBS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RMBS. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RMBS did better than 96% 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 77.89 - 161.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- RMBS has an average volume of 1996670 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 offer a high quality setup 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
80.80
We found 2 important support areas.
- Support @88.15 from a horizontal line in the weekly time frame.
- Support @81.62 from a trend 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 | 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 | 96.04 | POSITIVE | RMBS has a high relative strength, it outperformed 96.04% 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) | 67.32 | NEUTRAL | The RSI value for RMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.72 | POSITIVE | The MACD value suggests RMBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.4 | OVERBOUGHT | The high Stochastics value suggests RMBS may be overbought. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for RMBS suggests high volalility. |
| Average Directional Index/ADX (14) | 38.19 | POSITIVE | The high ADX value value for RMBS suggests a strong trend. |
RMBS Chart- and CandleStick Pattern Analysis
RMBS Technicals: Chart, Performance Metrics, Trend & Indicators
141.31
-17.09 (-10.79%)
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 Bullish.
What is the RSI signal for RAMBUS INC (RMBS) stock?
RAMBUS INC (RMBS) has an RSI value of 67.3173. This indicates that the stock is currently neutral.
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. Check the full technical report for our detailed analysis of RMBS support and resistance levels.