RECKONER LEVERAGED AAA CLO (RAAA) Stock Technical Analysis
NYSEARCA:RAAA - NYSE Arca - US00777X4960 - ETF - Currency: USD
Overall RAAA gets a technical rating of 3 out of 10. In the last year, RAAA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of RAAA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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24.78
When analyzing the support we notice one important area.
- A support zone ranging from 25.03 to 25.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.06 to 25.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for RAAA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAAA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RAAA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 40.52 | NEUTRAL | The RSI value for RAAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests RAAA has a negative trend. |
| Stochastics (14,3) | 24.21 | NEUTRAL | The Stochastics value for RAAA is a neutral value. |
| Average Directional Index/ADX (14) | 44.96 | POSITIVE | The high ADX value value for RAAA suggests a strong trend. |
NYSEARCA:RAAA (8/5/2025, 8:04:00 PM)
25.05
0 (-0.02%)