FREIGHTCAR AMERICA INC (RAIL) Stock Technical Analysis
NASDAQ:RAIL - Nasdaq - US3570231007 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to RAIL. Both in the recent history as in the last year, RAIL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
RAIL is one of the better performing stocks in the Machinery industry, it outperforms 96% of 127 stocks in the same industry.
In the last month RAIL has a been trading in the 8.37 - 12.10 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, RAIL did better than 98% 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.
Although RAIL has an excellent technical rating, it does not present a decent entry opportunity 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
10.77
12.15
When analyzing the support we notice one important area.
- A support zone ranging from 10.88 to 10.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.88 to 12.03. 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 | UP | POSITIVE | The long term trend for RAIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAIL is up. |
| ChartMill Relative Strength | 98.29 | POSITIVE | RAIL has a high relative strength, it outperformed 98.29% 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) | 62.03 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RAIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.2 | NEUTRAL | The Stochastics value for RAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for RAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 49.53 | 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)
10.89
-0.16 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.45%
1 Week-8.64%
2 Weeks21.81%
1 Month30.11%
3 Month94.81%
6 Month-11.96%
12 Month253.57%
2 Year267.91%
3 Year162.41%
5 Year580.63%
10 Year-43.46%
15 Year-56.14%
Volatility
ATR(14)0.71
ATR(20)%5.57%
ATR Inc-17.93%
Range Today0.49
ADR(20)0.6
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.29
Mansfield1.36
10 Day High12.1
10 Day Low9
20 Day High12.1
20 Day Low8.37
52 Week High16.1
52 Week Low3.12
CS1 End10.88
CR1 Start11.88
Volume & EV
DER(3)-8.37%
DER(5)-6.16%
Volume147.90K
Volume Incr1.67%
Vol(5)195.58K
Vol(50)191.17K