AMBARELLA INC (AMBA)

KYG037AX1015 - Common Stock

71.585  -0.86 (-1.18%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AMBA. Although AMBA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
AMBA is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 82% 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that AMBA is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month AMBA has a been trading in the 56.16 - 81.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AMBA Weekly chart
AMBA Daily chart
Setup Rating and Analysis

2

Although AMBA 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.

Support and Resistance Analysis

40.58

73.17

4 important support areas can be observed.

  • A support zone ranging from 58.60 to 59.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @57.26 from a horizontal line in the daily time frame.
  • Support @45.91 from a trend line in the weekly time frame.
  • Support @40.99 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 72.43 to 72.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.73
Mansfield1.77
10 Day High81.32
10 Day Low56.4
20 Day High81.32
20 Day Low56.16
52 Week High81.32
52 Week Low39.69
Performance
1 Week22.63%
2 Weeks24.42%
1 Month22.32%
3 Month21.34%
6 Month24.34%
12 Month23.81%
2 Year-2.37%
3 Year-59.65%
5 Year32.33%
10 Year31.71%
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)1.25
RSI(14)77.41
LBB52.91
UBB70.7
AMBA Daily chart

AMBARELLA INC

NASDAQ:AMBA (11/29/2024, 12:19:02 PM)

71.585

-0.86 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.18%
1 Week22.63%
2 Weeks24.42%
1 Month22.32%
3 Month21.34%
6 Month24.34%
12 Month23.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.15
ATR(20)%4.03%
ATR Inc
Range Today2.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High81.32
10 Day Low56.4
20 Day High81.32
20 Day Low56.16
52 Week High81.32
52 Week Low39.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume676.49K
Volume Incr489.44%
Vol(5)1.87M
Vol(50)505.63K