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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Ambarella, Inc. - Ordinary Shares (NASDAQ:AMBA)
Bear Market Rally (-75) - AMBA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AMBA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AMBA?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMBA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AMBA
The long-term trend has been DOWN since Mar 14th, 2024 at 50.84
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 52.16
The short-term trend has been DOWN since May 8th, 2024 at 47.34
Smart Scan Analysis for AMBA
Based on our trend formula, AMBA is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.59 | 47.48 | 46.19 | 46.23 | -1.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.35 | 381908 | 2024-05-08 15:59:40 |
| Year High | 66.23 | Year High Date | 2018-01-03 |
| Year Low | 30 | Year Low Date | 2018-11-20 |
| 52wk High | 89.185 | 52wk High Date | 2023-06-14 |
| 52wk Low | 40.31 | 52wk Low Date | 2024-04-22 |
| Year End Close | 11.15 | Average Volume | 623,385 |
| Shares Outstanding | 40,248 | Short Interest | 244,995 |
| % Institutional | 37.8 | Market Cap | 2,191M |
| Assets | 657,655,000M | Liabilities | 97,784,000M |
| Volatility | 47.11 |