FREIGHTCAR AMERICA INC (RAIL) Technical Analysis
NASDAQ:RAIL • US3570231007
Current stock price
8.12 USD
+0.04 (+0.5%)
At close:
8.28 USD
+0.16 (+1.97%)
Pre-Market:
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.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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
13.96
When analyzing the support we can see 2 important areas.
- Support @7.74 from a horizontal line in the weekly time frame.
- Support @6.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important 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 | 71.94 | POSITIVE | RAIL has a high relative strength, it outperformed 71.94% 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) | UP | MIXED | The current price of RAIL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24.21 | OVERSOLD | The low RSI value suggests RAIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests RAIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.75 | OVERSOLD | The low Stochastics value suggests RAIL may be oversold. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for RAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 40.98 | POSITIVE | The high ADX value value for RAIL suggests a strong trend. |
RAIL Chart- and CandleStick Pattern Analysis
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)
RAIL Technicals: Chart, Performance Metrics, Trend & Indicators
8.12
+0.04 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.5%
1 Week-6.45%
2 Weeks-38.25%
1 Month-38.44%
3 Month-10.38%
6 Month-10.77%
12 Month30.13%
2 Year110.91%
3 Year160.26%
5 Year23.12%
10 Year-47.88%
15 Year-75.02%
Volatility
ATR(14)0.89
ATR(20)%10.54%
ATR Inc-63.95%
Range Today0.36
ADR(20)0.77
ADR(20)%9.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.94
3 months CRS27.5
6 months CRS30.45
Mansfield-1.35
10 Day High13.15
10 Day Low7.82
20 Day High14.9
20 Day Low7.82
52 Week High14.9
52 Week Low4.31
CS1 End7.74
CR1 Start13.82
Volume & EV
DER(3)6.12%
DER(5)4.56%
Volume270.40K
Volume Incr16.58%
Vol(5)265.24K
Vol(50)187.41K
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 24.208. 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.