11.5 USD
-0.02 (-0.17%)
11.5 USD
0 (0%)
Taking everything into account, RAIL scores 8 out of 10 in our technical rating. RAIL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RAIL is one of the better performing stocks in the Machinery industry, it outperforms 80% of 132 stocks in the same industry.
RAIL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RAIL is lagging the market slightly.
In the last month RAIL has a been trading in the 8.00 - 11.71 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, RAIL did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RAIL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.18
11.62
4 important support areas can be observed.
- A support zone ranging from 9.25 to 9.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.22 from a trend line in the weekly time frame.
- Support @7.88 from a trend line in the daily time frame.
- Support @6.24 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for RAIL is up. |
| ChartMill Relative Strength | 85.54 | POSITIVE | RAIL has a high relative strength, it outperformed 85.54% 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) | UP | POSITIVE | The current price of RAIL is above the rising 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) | 76.86 | OVERBOUGHT | The high RSI value suggests RAIL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests RAIL has a positive trend. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests RAIL may be overbought. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for RAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.44 | POSITIVE | The high ADX value value for RAIL suggests a strong 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)
11.5
-0.02 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.17%
1 Week21.82%
2 Weeks17.83%
1 Month43.57%
3 Month21.18%
6 Month30.83%
12 Month24.59%
2 Year325.93%
3 Year259.38%
5 Year377.18%
10 Year-40.81%
15 Year-60.26%
Volatility
ATR(14)0.58
ATR(20)%4.2%
ATR Inc20.92%
Range Today0.38
ADR(20)0.48
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.54
3 months CRS91.04
6 months CRS86.27
Mansfield1.76
10 Day High11.71
10 Day Low8.9
20 Day High11.71
20 Day Low8
52 Week High13.64
52 Week Low4.31
CS1 End9.36
CR1 StartN/A
Volume & EV
DER(3)6.11%
DER(5)3.99%
Volume188.60K
Volume Incr113.92%
Vol(5)309.74K
Vol(50)169.42K
FREIGHTCAR AMERICA INC / RAIL FAQ
What is the technical rating for RAIL stock?
ChartMill assigns a technical rating of 8 / 10 to RAIL.
What is the trend direction for RAIL stock?
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 76.865. This indicates that the stock is currently overbought.
What is the short term momentum for FREIGHTCAR AMERICA INC (RAIL) stock?
The short term momentum for FREIGHTCAR AMERICA INC (RAIL) is positive.