RAMBUS INC. - Daily - Technical analysis published on 01/27/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 13.24 USD
My targets
15.42 USD (+5.40%)
16.20 USD (+10.73%)
My analysis
The bullish trend is currently very strong on RAMBUS INC.. As long as the price remains above the support at 13.24 USD, you could try to benefit from the boom. The first bullish objective is located at 15.42 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.20 USD as an objective. Crossing it would then enable buyers to target 25.01 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RAMBUS INC. rating is 14.63 USD. The price has increased by -2.08% since the last closing and was traded between 14.52 USD and 14.78 USD over the period. The price is currently at +0.76% from its lowest and -1.01% from its highest.14.52
14.78
14.63
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RAMBUS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RAMBUS INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.59 | 13.24 | 14.42 | 14.63 | 15.42 | 25.01 | 35.20 |
| Change (%) | -13.94% | -9.50% | -1.44% | - | +5.40% | +70.95% | +140.60% |
| Change | -2.04 | -1.39 | -0.21 | - | +0.79 | +10.38 | +20.57 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.47 | 14.63 | 14.78 | 14.94 | 15.09 | 15.25 | 15.40 |
| Camarilla | 14.86 | 14.88 | 14.91 | 14.94 | 14.97 | 15.00 | 15.03 |
| Woodie | 14.48 | 14.63 | 14.79 | 14.94 | 15.10 | 15.25 | 15.41 |
| Fibonacci | 14.63 | 14.75 | 14.82 | 14.94 | 15.06 | 15.13 | 15.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.54 | 13.88 | 14.41 | 14.75 | 15.28 | 15.62 | 16.15 |
| Camarilla | 14.70 | 14.78 | 14.86 | 14.94 | 15.02 | 15.10 | 15.18 |
| Woodie | 13.64 | 13.93 | 14.51 | 14.80 | 15.38 | 15.67 | 16.25 |
| Fibonacci | 13.88 | 14.21 | 14.42 | 14.75 | 15.08 | 15.29 | 15.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.04 | 11.75 | 12.76 | 13.47 | 14.48 | 15.19 | 16.20 |
| Camarilla | 13.30 | 13.46 | 13.62 | 13.78 | 13.93 | 14.09 | 14.25 |
| Woodie | 11.20 | 11.82 | 12.92 | 13.54 | 14.64 | 15.26 | 16.36 |
| Fibonacci | 11.75 | 12.40 | 12.81 | 13.47 | 14.12 | 14.53 | 15.19 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 61.39 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 14.71 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 14.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.86 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 13.86 | |
| Zig ZAG (10): | 14.65 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 86.96 | |
| TEMA (21): | 14.74 | |
| Williams %R (14): | -29.22 | |
| Chande Momentum Oscillator (20): | 0.85 | |
| Repulse (5,40,3): | 1.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 10.15 |
| MA7: | 14.53 | |
| MA20: | 14.16 | |
| MA50: | 13.65 | |
| MA100: | 13.53 | |
| MAexp7: | 14.55 | |
| MAexp20: | 14.22 | |
| MAexp50: | 13.84 | |
| MAexp100: | 13.43 | |
| Price / MA7: | +0.69% | |
| Price / MA20: | +3.32% | |
| Price / MA50: | +7.18% | |
| Price / MA100: | +8.13% | |
| Price / MAexp7: | +0.55% | |
| Price / MAexp20: | +2.88% | |
| Price / MAexp50: | +5.71% | |
| Price / MAexp100: | +8.94% |
News
The latest news and videos published on RAMBUS INC. at the time of the analysis were as follows:
- Media Alert: Rambus Presents Solutions for AI, 5G and Data Center Applications at DesignCon in Santa Clara, CA
- Media Alert: Rambus To Announce Fourth Quarter And Fiscal Year 2019 Results
- Media Alert: Rambus to Present at 22nd Annual Needham Growth Conference
- Enflame Technology Selects Rambus HBM2 Memory Subsystem Solution For Next-Generation AI Training Chip
- Rambus Completes Acquisition of the Verimatrix Silicon IP, Secure Protocols and Provisioning Business
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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