FREIGHTCAR AMERICA INC (RAIL) Technical Analysis
NASDAQ:RAIL • US3570231007
Current stock price
RAIL Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to RAIL. RAIL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RAIL has a been trading in the 7.82 - 14.90 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that RAIL is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- RAIL is an average performer in the Machinery industry, it outperforms 60% of 131 stocks in the same industry.
- RAIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RAIL is lagging the market slightly.
RAIL Weekly and Daily overview Charts
RAIL Setup Rating and Analysis
The technical rating of RAIL 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.
More info and screens
RAIL Support and Resistance Analysis
6.68
2 important support areas can be observed.
- Support @7.74 from a horizontal line in the weekly time frame.
- Support @6.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @13.82 from a trend line in the weekly time frame.
RAIL Technical Indicator Signal Analysis
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 RAIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAIL is down. |
| ChartMill Relative Strength | 71.35 | POSITIVE | RAIL has a high relative strength, it outperformed 71.35% 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) | 23.5 | OVERSOLD | The low RSI value suggests RAIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests RAIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.09 | OVERSOLD | The low Stochastics value suggests RAIL may be oversold. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for RAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 42.27 | POSITIVE | The high ADX value value for RAIL suggests a strong trend. |
RAIL Chart- and CandleStick Pattern Analysis
RAIL Technicals: Chart, Performance Metrics, Trend & Indicators
7.95
-0.17 (-2.09%)
FREIGHTCAR AMERICA INC / RAIL TA FAQ
What is the technical rating for RAIL stock?
ChartMill assigns a technical rating of 1 / 10 to RAIL.
Can you provide the trend direction for FREIGHTCAR AMERICA INC?
The current trend direction for FREIGHTCAR AMERICA INC (RAIL) is Bearish.
What is the RSI signal for RAIL stock?
FREIGHTCAR AMERICA INC (RAIL) has an RSI value of 23.4987. This indicates that the stock is currently oversold.
Can you provide the short term momentum for FREIGHTCAR AMERICA INC?
The short term momentum for FREIGHTCAR AMERICA INC (RAIL) is negative.