FREIGHTCAR AMERICA INC (RAIL) Technical Analysis
NASDAQ:RAIL • US3570231007
Current stock price
RAIL Technical Rating and Analysis
We assign a technical rating of 2 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When compared to the yearly performance of all other stocks, RAIL outperforms 56% of them, which is more or less in line with the market.
- RAIL is an average performer in the Machinery industry, it outperforms 54% 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 currently trading near new highs, so RAIL is lagging the market.
- In the last month RAIL has a been trading in the 7.66 - 9.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RAIL Weekly and Daily overview Charts
RAIL Setup Rating and Analysis
Although the technical rating is bad, RAIL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
RAIL Support and Resistance Analysis
6.89
We found 3 important support areas.
- Support @8.28 from a trend line in the weekly time frame.
- A support zone ranging from 7.74 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.96 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @9.18 from a horizontal line in the weekly time frame.
- Resistance @9.42 from a horizontal line in the daily time frame.
- Resistance @13.72 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 | 56.91 | NEUTRAL | RAIL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RAIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.07 | NEUTRAL | The RSI value for RAIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RAIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.21 | NEUTRAL | The Stochastics value for RAIL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for RAIL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.07 | 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
8.83
+0.09 (+1.03%)
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 45.0747. 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.