RALLIANT CORP (RAL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RAL - US7509401086 - Common Stock
We assign a technical rating of 7 out of 10 to RAL. Although RAL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, RAL is a bad performer in the overall market: 100% of all stocks are doing better.
- RAL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 94% of 123 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- RAL has an average volume of 1286570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RAL has a been trading in the 50.35 - 55.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RAL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 53.31, a Stop Loss order could be placed below this zone.
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48.86
We found 2 important support areas.
- A support zone ranging from 52.51 to 53.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.35 to 50.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.74 to 54.28. 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 | UP | POSITIVE | The short term trend for RAL is up. |
| 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) | UP | POSITIVE | The current price of RAL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.51 | NEUTRAL | The RSI value for RAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RAL has a negative trend. |
| Stochastics (14,3) | 63.43 | NEUTRAL | The Stochastics value for RAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for RAL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.19 | POSITIVE | The high ADX value value for RAL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.29 | 52.50 | 1.79 (3.30%) | 25.00% |
| An entry @54.29. This is a Buy Stop order right above the resistance zone. | An exit @52.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.79 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of RAL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
53.32
-0.53 (-0.98%)
RALLIANT CORP / RAL FAQ
What is the technical rating for RAL stock?
ChartMill assigns a technical rating of 7 / 10 to RAL.
Can you provide the trend direction for RALLIANT CORP?
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 56.5136. This indicates that the stock is currently neutral.
What is the short term momentum for RAL stock?
The short term momentum for RALLIANT CORP (RAL) is positive.
What are the support and resistance levels for RALLIANT CORP (RAL) stock?
RALLIANT CORP (RAL) has a support level at 53.31 and a resistance level at 53.74. Check the full technical report for our detailed analysis of RAL support and resistance levels.