Intraday price change for AMBA is about $1.28 from the day's low to the day's high.
The previous business day's price range from the open of $50.60 is expected to range from a low of $50.00 to a high of $51.28.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $50.63 and $50.57 assuming average price movements.
Note that events including news, AMBA earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on August 14th
and closed on August 16th, for a holding time of 2 business days.
Signals with this combination of indicators have an average holding time of 6-7 business days.