AMBARELLA INC (AMBA) Stock Technical Analysis
NASDAQ:AMBA - Nasdaq - KYG037AX1015 - Common Stock - Currency: USD
Taking everything into account, AMBA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMBA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AMBA did better than 90% of all other stocks. We also observe that the gains produced by AMBA over the past year are nicely spread over this period.
AMBA is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 86% of 108 stocks in the same industry.
AMBA 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 AMBA is lagging the market slightly.
In the last month AMBA has a been trading in the 70.98 - 84.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Although AMBA has an excellent technical rating, the quality of the presented setup is not ideal 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
47.28
83.77
We found 3 important support areas.
- A support zone ranging from 72.36 to 75.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.39 from a trend line in the weekly time frame.
- Support @47.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 80.49 to 80.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @82.94 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.98
Mansfield2.45
10 Day High84
10 Day Low70.98
20 Day High84
20 Day Low70.98
52 Week High85.15
52 Week Low39.69
Performance
1 Week2.42%
2 Weeks-0.56%
1 Month-5.22%
3 Month22.92%
6 Month56.81%
12 Month41.51%
2 Year-17.08%
3 Year-44.03%
5 Year31.54%
10 Year36.26%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)51.71
LBB72.2
UBB83.24
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 |
|---|---|---|---|
| 80.80 | 72.35 | 8.45 (10.46%) | 9.56% |
| An entry @80.80. This is a Buy Stop order right above the resistance zone. | An exit @72.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.45 points, which is 10.46%. | For a 1.00% total portfolio risk, you can invest 9.56% of your capital in this trade. |
- 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.
78.2
-3.07 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.78%
1 Week2.42%
2 Weeks-0.56%
1 Month-5.22%
3 Month22.92%
6 Month56.81%
12 Month41.51%
2 Year-17.08%
3 Year-44.03%
5 Year31.54%
10 Year36.26%
15 YearN/A
Volatility
ATR(14)3.25
ATR(20)%4.45%
ATR Inc51.3%
Range Today4.88
ADR(20)3.33
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.98
Mansfield2.45
10 Day High84
10 Day Low70.98
20 Day High84
20 Day Low70.98
52 Week High85.15
52 Week Low39.69
CS1 End75.93
CR1 Start80.49
Volume & EV
DER(3)1.61%
DER(5)3.29%
Volume528.00K
Volume Incr15.41%
Vol(5)672.80K
Vol(50)623.31K