FREIGHTCAR AMERICA INC (RAIL) Stock Technical Analysis
USA - NASDAQ:RAIL - US3570231007 - Common Stock
10.05 USD
+0.55 (+5.79%)
9.81 USD
-0.24 (-2.39%)
Taking everything into account, RAIL scores 5 out of 10 in our technical rating. Although RAIL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
89% of all other stocks performed better in the past year than RAIL.
RAIL is one of the lesser performing stocks in the Machinery industry. 77% of 129 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month RAIL has a been trading in the 8.31 - 10.38 range, which is quite wide. It is currently trading near the high of this range.
RAIL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RAIL is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, RAIL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for RAIL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.72
11.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.49 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.04 to 9.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.71 from a trend line in the daily time frame.
- Support @5.78 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.06 to 10.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.69 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.25 to 11.26. 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 | UP | POSITIVE | The long term trend for RAIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAIL is up. |
| ChartMill Relative Strength | 11.63 | NEGATIVE | RAIL has a low relative strength, it was outperformed by 88.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RAIL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.99 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RAIL has a positive trend. |
| Stochastics (14,3) | 61.79 | NEUTRAL | The Stochastics value for RAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for RAIL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.05
+0.55 (+5.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg5.79%
1 Week5.68%
2 Weeks5.9%
1 Month20.94%
3 Month-15.69%
6 Month105.94%
12 Month-22.81%
2 Year282.13%
3 Year133.18%
5 Year565.56%
10 Year-44.72%
15 Year-62.02%
Volatility
ATR(14)0.52
ATR(20)%4.6%
ATR Inc-3.7%
Range Today0.6
ADR(20)0.46
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.63
Mansfield-0.29
10 Day High10.15
10 Day Low9.05
20 Day High10.38
20 Day Low8.31
52 Week High16.1
52 Week Low4.31
CS1 End9.6
CR1 Start10.06
Volume & EV
DER(3)4.54%
DER(5)1.48%
Volume210.00K
Volume Incr-21.47%
Vol(5)115.78K
Vol(50)178.38K