RALLIANT CORP (RAL) Stock Technical Analysis
NYSE:RAL • US7509401086
We assign a technical rating of 0 out of 10 to RAL. RAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 100% of all other stocks performed better in the past year than RAL.
- RAL is part of the Electronic Equipment, Instruments & Components industry. There are 122 other stocks in this industry, of which 94% are performing better than RAL.
- RAL has an average volume of 1829560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month RAL has a been trading in the 37.27 - 57.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RAL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.35
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.14 to 44.51. 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 | NEUTRAL | NEUTRAL | The long term trend for RAL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAL is down. |
| 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 | NEGATIVE | The current price of RAL is below a declining 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) | 39.6 | NEUTRAL | The RSI value for RAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests RAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.48 | NEUTRAL | The Stochastics value for RAL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for RAL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.02 | POSITIVE | The high ADX value value for RAL suggests a strong trend. |
43.79
-0.16 (-0.36%)
RALLIANT CORP / RAL FAQ
What is the technical rating for RAL stock?
ChartMill assigns a technical rating of 0 / 10 to RAL.
Can you provide the trend direction for RALLIANT CORP?
The current trend direction for RALLIANT CORP (RAL) is Bearish.
Can you provide the RSI signal for RALLIANT CORP?
RALLIANT CORP (RAL) has an RSI value of 39.5973. 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 negative.
What are the support and resistance levels for RALLIANT CORP (RAL) stock?
RALLIANT CORP (RAL) has a resistance level at 44.14. Check the full technical report for our detailed analysis of RAL support and resistance levels.