Londinia Opportunities Analyses - 05/20/2024 (GMT) RAMBUS INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	RMBS
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 58.79 USD

My targets

60.61 USD (+1.63%)

62.37 USD (+4.58%)

My analysis

RAMBUS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 58.79 USD. The next resistance located at 60.61 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 62.37 USD. After this resistance, buyers could then target 66.52 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The RAMBUS INC. price is 59.64 USD. On the day, this instrument gained +2.88% with the lowest point at 57.60 USD and the highest point at 59.75 USD. The deviation from the price is +3.54% for the low point and -0.18% for the high point.

57.60

59.75

59.64

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of RAMBUS INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	57.25	58.79	59.62	59.64	60.61	62.37	66.52
Change (%)	-4.01%	-1.43%	-0.03%	-	+1.63%	+4.58%	+11.54%
Change	-2.39	-0.85	-0.02	-	+0.97	+2.73	+6.88
Level	Intermediate	Minor	Intermediate	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.86	56.56	57.26	57.96	58.66	59.36	60.06
Camarilla	57.59	57.71	57.84	57.97	58.10	58.23	58.36
Woodie	55.87	56.56	57.27	57.96	58.67	59.36	60.07
Fibonacci	56.56	57.09	57.42	57.96	58.49	58.82	59.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.14	54.76	56.37	57.99	59.60	61.22	62.83
Camarilla	57.08	57.38	57.67	57.97	58.27	58.56	58.86
Woodie	53.13	54.76	56.36	57.99	59.59	61.22	62.82
Fibonacci	54.76	56.00	56.76	57.99	59.23	59.99	61.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.03	47.99	51.40	57.36	60.77	66.73	70.14
Camarilla	52.24	53.10	53.96	54.82	55.68	56.54	57.40
Woodie	40.77	47.35	50.14	56.72	59.51	66.09	68.88
Fibonacci	47.99	51.57	53.78	57.36	60.94	63.15	66.73

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):	64.79
MACD (12,26,9):	0.2400
Directional Movement:	13.20
AROON (14):	28.57
DEMA (21):	58.82
Parabolic SAR (0,02-0,02-0,2):	57.37
Elder Ray (13):	0.85
Super Trend (3,10):	57.64
Zig ZAG (10):	59.47
VORTEX (21):	1.0100
Stochastique (14,3,5):	86.51
TEMA (21):	58.70
Williams %R (14):	-11.20
Chande Momentum Oscillator (20):	0.67
Repulse (5,40,3):	2.0000
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	2.09

MA7:	58.11
MA20:	57.03
MA50:	59.04
MA100:	61.52
MAexp7:	58.99
MAexp20:	58.49
MAexp50:	57.95
MAexp100:	57.57
Price / MA7:	+2.63%
Price / MA20:	+4.58%
Price / MA50:	+1.02%
Price / MA100:	-3.06%
Price / MAexp7:	+1.10%
Price / MAexp20:	+1.97%
Price / MAexp50:	+2.92%
Price / MAexp100:	+3.60%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on RAMBUS INC. at the time of the analysis were as follows: