RAL Technical Analysis - RALLIANT CORP

Technical Rating and Analysis

Overall RAL gets a technical rating of 3 out of 10. RAL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

100% of all other stocks performed better in the past year than RAL.

RAL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 95% of 124 stocks in the same industry do better.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

In the last month RAL has a been trading in the 40.70 - 44.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

RAL has an average volume of 1254080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

RAL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.31, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

40.83

45.55

We found 1 important support area.

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 43.43 to 45.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	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	NEGATIVE	The current price of RAL is below a declining SMA(50).
Relative Strength Index/RSI (14)	49.96	NEUTRAL	The RSI value for RAL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests RAL has a positive trend, although the MACD value is declining.
Stochastics (14,3)	59.78	NEUTRAL	The Stochastics value for RAL is a neutral value.
Average True Range in percent/ATR (20)	3.42	MEDIUM VOLATILITY	The ATR as a percentage value for RAL suggests some volalility.
Average Directional Index/ADX (14)	13.08	NEGATIVE	The low ADX value for RAL suggests a weak or negative trend.