Rambus Technical Analysis (NASDAQ:RMBS)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. A RMBS stock chart pattern can give those who understand technical analysis an indication of which way RMBS stock is headed, but cannot predict with 100% certainty as to what can happen to the Rambus stock price.
See Rambus bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Rambus stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rambus Moving Average:
Moving averages show the average price of RMBS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.82 is above the price of $12.61.
Rambus Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RMBS stock. Currently the stock price of $12.61 is in the upper range of Rambus bollinger bands.
Rambus Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Rambus MACD indicator is below 0 indicating a bearish trend.
Rambus Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 34.44 is the RSI value of RMBS stock. .