Bullish vs. Bearish (12 opinions)
Social Sentiment 0.08
Ambarella fell by -1.01% in the last day ( Monday, 14th Oct 2019 ) from $53.60 to $53.06 During the day the stock fluctuated 1.94% from a day low at $52.55 to a day high of $53.57. The price has been going up and down for this period, and there has been a -15.56% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -285 627 shares and in total 355 691 shares bought and sold for approximately $18.87 million.
Quick summary:
- 30 day high of the AMBA stock price was $65.87 and low was $49.50.
- 90 day high was $67.15 and low was $43.01.
- 52 week high for Ambarella - $67.15 and low - $30.00.
Trend
Ambarella lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $52.54 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 30.86% during the next 3 months and, with 90% probability hold a price between $68.75 and $94.79 at the end of this period.
Signals
There are few to none technical positive signals at the moment. Ambarella holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $54.00 and $58.75. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday October 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 21 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Ambarella finds support from accumulated volume at $51.88.
Risk
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.02 between high and low, or 1.94%. For the last week, the stock has had a daily average volatility of 3.66%.
Ambarella is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.66 %
Average volatilityOverall risk:
Very Low Low Medium High Very High
Evaluation
The Ambarella stock holds several negative signals and despite the positive trend we believe Ambarella will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
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