USA - NYSE:RAL - US7509401086 - Common Stock
We assign a technical rating of 2 out of 10 to RAL. RAL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, RAL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.75. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
40.83
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 RAL is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAL is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | RAL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RAL is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RAL is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 51.76 | NEUTRAL | The RSI value for RAL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests RAL has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 35.19 | NEUTRAL | The Stochastics value for RAL is a neutral value. |
Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for RAL suggests some volalility. |
Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for RAL suggests a weak or negative trend. |
43.39
+0.85 (+2%)