14-day Premium Trial Subscription Sign Up For FreeGet Free

$181.85 (5.60%)

Volume: 934k

Closed: Nov 29, 2021

Hollow Logo Score: 3.410

Ambarella Stock Forecast

$181.85 (5.60%)

Volume: 934k

Closed: Nov 29, 2021

Score Hollow Logo 3.410
Which way will AMBA go? Request
Mon, Nov 29, 2021 Buy Candidate Upgraded
Stop-loss: $171.76 (-5.55%)
Key Stats
P/E Ratio -140.24
Beta 2.33
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 36 and the stock is currently not being overbought or oversold

Strong day for Ambarella stock price on Monday rising 5.60% to $181.85
(Updated on Nov 29, 2021)


Buy candidate since 2021-11-29

The Ambarella stock price gained 5.60% on the last trading day (Monday, 29th Nov 2021), rising from $172.21 to $181.85. During the day the stock fluctuated 5.60% from a day low at $174.38 to a day high of $184.15. The price has fallen in 6 of the last 10 days and is down by -6.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 603 thousand more shares were traded than the day before. In total, 934 thousand shares were bought and sold for approximately $169.91 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 44.05% during the next 3 months and, with a 90% probability hold a price between $243.76 and $314.21 at the end of this 3-month period.

Signals & Forecast

The Ambarella stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $182.17. On a fall, the stock will find some support from the long-term average at approximately $181.81. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, November 08, 2021, and so far it has fallen -10.55%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, August 23, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, August 23, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $168.71 and $164.37. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Ambarella finds support just below today's level at $168.71. If this is broken, then the next support from accumulated volume will be at $164.37 and $146.34.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $9.77 between high and low, or 5.60%. For the last week, the stock has had a daily average volatility of 6.68%.

Our recommended stop-loss: $171.76 (-5.55%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 14 days ago.)

Is Ambarella stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ambarella stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.410

Predicted Opening Price for Ambarella of Tuesday, November 30, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 30, 2021 Current price
$180.13 $181.85 (Overvalued)
Buy Candidate Upgraded

Remember To Visit Our YouTube Channel

Analyst Ratings

On Nov 29, 2021 "Morgan Stanley" gave "$137.00 - $222.00" rating for AMBA. The price target was set to $175.86+2.1%.

Volatility and Risk
Daily Average Volatility: 6.68 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.68 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $184.26
Price: $181.85
Support: $168.71

AMBA Insider Trading Show all Trades

INSIDER POWER

0.550

Last 100 transactions
Buy: 104 410 | Sell: 189 817 (Shares)
Date Action Amount Person Type
Nov 01, 2021 Sell 10 000 Wang Feng-ming Ordinary Shares
Sep 22, 2021 Sell 3 666 Hu Chenming Ordinary Shares
Sep 16, 2021 Sell 707 Chen Yun-lung Restricted Stock Units
Sep 16, 2021 Sell 712 Chen Yun-lung Restricted Stock Units
Sep 16, 2021 Sell 294 Chen Yun-lung Restricted Stock Units
Show all Insider Trades
INSIDER POWER

0.550

Last 100 transactions
Buy: 104 410 | Sell: 189 817 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 189.90 4.42 %
186.16 2.37 %
183.86 1.10 %
Current price: 181.85
Support 176.40 -3.00 %
174.09 -4.27 %
170.36 -6.32 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 203.30 11.80 %
189.19 4.04 %
184.26 1.33 %
Current price 181.85
Support 168.71 -7.23%
164.37 -9.61%
146.34 -19.53%

Click to get the best stock tips daily for free!

About Ambarella

Ambarella Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition (HD) video capture, sharing, and display worldwide. The company’s system-on-a-chip designs integrated HD video processing, image processing, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions enable the creation of video content for ... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT