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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Ambarella, Inc. - Ordinary Shares (NASDAQ:AMBA)

Sidelines Mode (+55) - AMBA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_AMBA
Open High Low AMBA Price Change
57.450 58.570 57.450 57.755 -0.415
Entry Signal

MarketClub’s Trade Triangles for AMBA

long term up The long-term trend has been UP since Jul 8th, 2024 at 59.99

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 58.45

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 61.48

Smart Scan Analysis for AMBA

Based on our trend formula, AMBA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AMBA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.450 58.570 57.450 57.755 -0.415
Prev. Close Volume Bid Ask Time
57.770 274641 2024-07-23 15:59:59
Year High66.23Year High Date2018-01-03
Year Low30Year Low Date2018-11-20
52wk High84.71552wk High Date2023-08-01
52wk Low40.3152wk Low Date2024-04-22
Year End Close11.15Average Volume601,163
Shares Outstanding40,985Short Interest244,995
% Institutional37.8Market Cap2,191M
Assets638,660,000MLiabilities83,235,000M
Volatility47.11
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