FREIGHTCAR AMERICA INC (RAIL) Stock Technical Analysis
NASDAQ:RAIL - Nasdaq - US3570231007 - Common Stock - Currency: USD
Taking everything into account, RAIL scores 4 out of 10 in our technical rating. In the last year, RAIL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month RAIL has a been trading in the 8.50 - 11.85 range, which is quite wide. It is currently trading near the lows of this range.
RAIL is part of the Machinery industry. There are 127 other stocks in this industry. RAIL outperforms 88% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, RAIL did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
RAIL has an average technical rating and it also does not offer a high 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
4.32
11.56
2 important support areas can be observed.
- Support @5.44 from a trend line in the weekly time frame.
- Support @4.36 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.35 to 9.41. 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 11.43 to 11.45. 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 RAIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAIL is down. |
| ChartMill Relative Strength | 90.23 | POSITIVE | RAIL has a high relative strength, it outperformed 90.23% 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) | UP | MIXED | The current price of RAIL is below the rising 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) | 35.83 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests RAIL has a negative trend. |
| Stochastics (14,3) | 10.32 | OVERSOLD | The low Stochastics value suggests RAIL may be oversold. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for RAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.68 | 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)
8.58
-0.44 (-4.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.88%
1 Week-4.67%
2 Weeks-12.45%
1 Month-21.21%
3 Month11%
6 Month-23.19%
12 Month69.23%
2 Year210.87%
3 Year106.25%
5 Year475.84%
10 Year-60.19%
15 Year-63.22%
Volatility
ATR(14)0.62
ATR(20)%7.26%
ATR Inc-15.27%
Range Today0.56
ADR(20)0.6
ADR(20)%7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.23
Mansfield-1.62
10 Day High11.32
10 Day Low8.5
20 Day High11.85
20 Day Low8.5
52 Week High16.1
52 Week Low4.31
CS1 End5.44
CR1 Start9.35
Volume & EV
DER(3)-16.1%
DER(5)-9.72%
Volume232.50K
Volume Incr-10.75%
Vol(5)200.12K
Vol(50)201.17K