FREIGHTCAR AMERICA INC (RAIL) Technical Analysis
NASDAQ:RAIL • US3570231007
Current stock price
RAIL Technical Rating and Analysis
Overall RAIL gets a technical rating of 2 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month RAIL has a been trading in the 7.66 - 9.19 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, RAIL did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- RAIL is part of the Machinery industry. There are 131 other stocks in this industry, RAIL did better than 61% of them.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RAIL Weekly and Daily overview Charts
RAIL Setup Rating and Analysis
RAIL has a poor technical rating and the quality of the setup is also not perfect 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
6.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.21 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.85 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.16 to 9.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.74 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 | DOWN | NEGATIVE | The long term trend for RAIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAIL is down. |
| ChartMill Relative Strength | 76.04 | POSITIVE | RAIL has a high relative strength, it outperformed 76.04% 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) | 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) | 49.1 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests RAIL has a positive trend. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests RAIL may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RAIL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.04 | 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
9.15
+0.17 (+1.89%)
FREIGHTCAR AMERICA INC / RAIL TA FAQ
What is the technical rating for RAIL stock?
ChartMill assigns a technical rating of 2 / 10 to RAIL.
What is the current trend direction of FREIGHTCAR AMERICA INC (RAIL) stock?
The current trend direction for FREIGHTCAR AMERICA INC (RAIL) is Bearish.
What is the RSI signal for FREIGHTCAR AMERICA INC (RAIL) stock?
FREIGHTCAR AMERICA INC (RAIL) has an RSI value of 49.1003. This indicates that the stock is currently neutral.
What is the short term momentum for RAIL stock?
The short term momentum for FREIGHTCAR AMERICA INC (RAIL) is negative.
Can you provide the buy/sell signal for FREIGHTCAR AMERICA INC?
The buy/sell signal for FREIGHTCAR AMERICA INC (RAIL) is sell as both the short term and long term trends are negative.