In its most recent trading session, Ambarella, Inc. (NASDAQ:AMBA) dropped by -2.1% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 51.664, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.027, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.153, an Accumulation/Distribution Index (ADI) of 1.153, an On-Balance Volume (OBV) of 166.121, and a Chaiikin Money Flow (CMF) of 52.63. 1.548
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Ambarella, Inc. (NASDAQ:AMBA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.