RAND Technical Analysis - RANDSTAD NV

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to RAND. RAND'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, RAND is a bad performer in the overall market: 92% of all stocks are doing better.

RAND is part of the Professional Services industry. There are 32 other stocks in this industry, of which 67% are performing better than RAND.

RAND is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month RAND has a been trading in the 34.73 - 39.30 range, which is quite wide. It is currently trading near the lows of this range.

Volume is considerably higher in the last couple of days.

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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

The technical rating of RAND 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

33.85

44.13

We can see 5 important resistance areas.

A resistance zone ranging from 35.43 to 35.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 36.93 to 38.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @41.17 from a trend line in the weekly time frame.
A resistance zone ranging from 42.46 to 42.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 43.39 to 43.69. This zone is formed by a combination of multiple trend lines 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	DOWN	NEGATIVE	The long term trend for RAND.AS is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for RAND.AS is down.
ChartMill Relative Strength	8.75	NEGATIVE	RAND.AS has a low relative strength, it was outperformed by 91.25% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of RAND.AS is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RAND.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of RAND.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.33	NEUTRAL	The RSI value for RAND.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests RAND.AS has a positive trend, although the MACD value is declining.
Stochastics (14,3)	24.24	NEUTRAL	The Stochastics value for RAND.AS is a neutral value.
Average True Range in percent/ATR (20)	2.51	MEDIUM VOLATILITY	The ATR as a percentage value for RAND.AS suggests some volalility.
Average Directional Index/ADX (14)	23.65	NEUTRAL	The ADX value for RAND.AS suggests a possible start of a new trend.