(3RB.DE) Stock Technical Analysis
FRA:3RB • GB00B24CGK77
Taking everything into account, 3RB scores 5 out of 10 in our technical rating. 3RB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: 3RB has an average volume of 5372 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 3RB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 3RB is lagging the market slightly.
- In the last month 3RB has a been trading in the 66.18 - 72.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, 3RB outperforms 62% of them, which is more or less in line with the market.
- 3RB is an average performer in the Household Products industry, it outperforms 66% of 10 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, 3RB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 71.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 3RB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
59.73
We found 3 important support areas.
- A support zone ranging from 68.64 to 70.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.32 to 63.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.14 to 71.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 3RB.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3RB.DE is neutral. |
| ChartMill Relative Strength | 62 | NEUTRAL | 3RB.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3RB.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3RB.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3RB.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.6 | NEUTRAL | The RSI value for 3RB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests 3RB.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.89 | NEUTRAL | The Stochastics value for 3RB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for 3RB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 32.89 | POSITIVE | The high ADX value value for 3RB.DE suggests a strong trend. |
/ 3RB.DE FAQ
What is the ChartMill technical rating of (3RB.DE) stock?
ChartMill assigns a technical rating of 5 / 10 to 3RB.DE.
What is the trend direction for 3RB stock?
The current trend direction for (3RB.DE) is Bearish.
What is the RSI signal for (3RB.DE) stock?
(3RB.DE) has an RSI value of 55.5997. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ?
The short term momentum for (3RB.DE) is neutral.