FREIGHTCAR AMERICA INC (RAIL) Stock Technical Analysis
NASDAQ:RAIL - US3570231007 - Common Stock
8.32 USD
-0.06 (-0.72%)
8.31 USD
-0.01 (-0.12%)
Overall RAIL gets a technical rating of 0 out of 10. RAIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RAIL is a bad performer in the overall market: 85% of all stocks are doing better.
RAIL is part of the Machinery industry. There are 128 other stocks in this industry, of which 74% are performing better than RAIL.
In the last month RAIL has a been trading in the 7.78 - 9.54 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.
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.
RAIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.35, a Stop Loss order could be placed below this zone.
More info and screens
4.41
11.62
4 important support areas can be observed.
- Support @8.31 from a horizontal line in the weekly time frame.
- Support @8.04 from a horizontal line in the daily time frame.
- Support @5.61 from a trend line in the weekly time frame.
- Support @4.45 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.33 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.87 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.46 to 11.50. 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 | DOWN | NEGATIVE | The long term trend for RAIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAIL is down. |
| ChartMill Relative Strength | 15.2 | NEGATIVE | RAIL has a low relative strength, it was outperformed by 84.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RAIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RAIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.06 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RAIL has a positive trend. |
| Stochastics (14,3) | 33.13 | NEUTRAL | The Stochastics value for RAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for RAIL suggests a weak or negative 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)
8.32
-0.06 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.72%
1 Week-0.83%
2 Weeks-3.59%
1 Month-11.49%
3 Month-4.48%
6 Month26.44%
12 Month-19.46%
2 Year211.61%
3 Year123.06%
5 Year264.91%
10 Year-51.52%
15 Year-66.18%
Volatility
ATR(14)0.37
ATR(20)%4.86%
ATR Inc-10.63%
Range Today0.32
ADR(20)0.39
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.2
Mansfield-1.94
10 Day High8.95
10 Day Low8.06
20 Day High9.54
20 Day Low7.78
52 Week High16.1
52 Week Low4.31
CS1 End8.35
CR1 Start8.39
Volume & EV
DER(3)-3.77%
DER(5)-3.13%
Volume99.99K
Volume Incr-35.81%
Vol(5)135.10K
Vol(50)212.03K