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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Rambus, Inc. (NASDAQ:RMBS)
Long-Term Downtrend (-90) - RMBS is in a strong downtrend that is likely to continue. While RMBS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RMBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMBS.
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 RMBS
The long-term trend has been DOWN since May 1st, 2024 at 53.11
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 58.40
The short-term trend has been DOWN since May 8th, 2024 at 55.30
Smart Scan Analysis for RMBS
Based on our trend formula, RMBS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.3700 | 56.3801 | 55.2000 | 55.9300 | -0.4100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.9700 | 423211 | 2024-05-08 15:59:44 |
| Year High | 14.63 | Year High Date | 2018-01-08 |
| Year Low | 7.3 | Year Low Date | 2018-10-30 |
| 52wk High | 76.38 | 52wk High Date | 2024-01-22 |
| 52wk Low | 46.89 | 52wk Low Date | 2023-05-09 |
| Year End Close | 4.87 | Average Volume | 1,424,586 |
| Shares Outstanding | 107,781 | Short Interest | 3,839,079 |
| % Institutional | 43.8 | Market Cap | 1,470M |
| Assets | 120,883,600M | Liabilities | 217,244,000M |
| P/E Ratio | 17.2294 | Beta | 1.51 |
| Volatility | 48.09 |