RANDSTAD NV (RAND.AS)       56.62  +1 (+1.8%)

56.62  +1 (+1.8%)

NL0000379121 - Common Stock

Technical Rating

8

We assign a technical rating of 8 out of 10 to RAND. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RAND is only an average performer.



The long and short term trends are both positive. This is looking good!
RAND is part of the Professional Services industry. There are 11 other stocks in this industry. RAND outperforms 81% of them.
RAND is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that RAND is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
RAND is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 10.98% 20.98% 8.14% -0.70% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 88.16 42.15 - 67.5
RAND Weekly chart
RAND Daily chart

Support/Resistance Analysis


54.44

66.48
When analyzing the support we notice one important area.
  • A support zone ranging from 54.99 to 55.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
  • A resistance zone ranging from 57.07 to 57.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @64.10 from a horizontal line in the weekly time frame.
  • Resistance @65.82 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

8

RAND has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 57.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.03, a Stop Loss order could be placed below this zone.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
57.0854.982.10 (3.68%)25.00%
An entry @57.08. This is a Buy Stop order right above the resistance zone.An exit @54.98. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.10 points, which is 3.68%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%.

  • 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.
RAND Daily chart

RANDSTAD NV56.62

AMS:RAND (12/2/2022, 7:00:00 PM)+1 (+1.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Professional Services
Performance
Today 1.8% 1 Week -0.77%
2 Weeks 2.83% 1 Month 10.98%
3 Month 20.98% 6 Month 8.14%
Volatility
ATR(14) 1.2 ATR(20)% 2.29%
ATR Inc -22.83% Range Today 1.16
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 88.16 Mansfield 0.97
10 Day High 57.18 10 Day Low 54.52
20 Day High 57.18 20 Day Low 50.78
52 Week High 67.5 52 Week Low 42.15
CS1 End 55.03 CR1 Start 57.07
Volume & EV
DER(3) 2.09% DER(5) 0.87%
Volume 362.49K Volume Incr 13.93%
Vol(5) 442.33K Vol(50) 444.19K

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