RALLIANT CORP (RAL) Stock Technical Analysis
USA - NYSE:RAL - US7509401086 - Common Stock
Taking everything into account, RAL scores 3 out of 10 in our technical rating. In the last year, RAL was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
RAL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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.
More info and screens
40.83
2 important support areas can be observed.
- A support zone ranging from 42.61 to 43.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 41.24 to 41.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.75 to 45.10. 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 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) | UP | POSITIVE | The current price of RAL is above the rising 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) | 52.09 | NEUTRAL | The RSI value for RAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.12 | NEUTRAL | The Stochastics value for RAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for RAL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for RAL suggests a weak or negative trend. |
43.45
+1.03 (+2.43%)
RALLIANT CORP / RAL FAQ
What is the technical rating for RAL stock?
ChartMill assigns a technical rating of 3 / 10 to RAL.
What is the trend direction for RAL stock?
The current trend direction for RALLIANT CORP (RAL) is Bullish.
Can you provide the RSI signal for RALLIANT CORP?
RALLIANT CORP (RAL) has an RSI value of 52.088. This indicates that the stock is currently neutral.
What is the MACD signal for RAL stock?
The MACD indicator for RALLIANT CORP (RAL) has a value of -0.0435634, indicating a bearish trend.