RB GLOBAL INC (RBA.CA) Stock Technical Analysis
TSX:RBA - Toronto Stock Exchange - CA74935Q1072 - Common Stock - Currency: CAD
Taking everything into account, RBA scores 6 out of 10 in our technical rating. In the last year, RBA was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that RBA is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by RBA over the past year are nicely spread over this period.
RBA is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry. RBA outperforms 78% of them.
RBA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RBA is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month RBA has a been trading in a tight range between 141.06 and 148.55.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, RBA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 142.75, a Stop Loss order could be placed below this zone.
More info and screens
125.49
153.27
4 important support areas can be observed.
- A support zone ranging from 140.72 to 142.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 136.14 to 136.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @130.80 from a horizontal line in the weekly time frame.
- A support zone ranging from 126.76 to 128.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 144.39 to 144.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @148.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 151.39 to 151.75. 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 RBA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBA.CA is down. |
| ChartMill Relative Strength | 77.67 | POSITIVE | RBA.CA has a high relative strength, it outperformed 77.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for RBA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests RBA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.04 | NEUTRAL | The Stochastics value for RBA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for RBA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.3 | NEGATIVE | The low ADX value for RBA.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:RBA (6/23/2025, 7:00:00 PM)
143.25
-0.27 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.19%
1 Week-1.15%
2 Weeks-1.44%
1 Month-2.83%
3 Month2.2%
6 Month9.4%
12 Month37.29%
2 Year80.19%
3 Year71.04%
5 Year159.18%
10 Year311.05%
15 Year639.16%
Volatility
ATR(14)2.09
ATR(20)%1.53%
ATR Inc44.72%
Range Today2.91
ADR(20)2.16
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.67
Mansfield0.66
10 Day High147.16
10 Day Low141.06
20 Day High148.55
20 Day Low141.06
52 Week High152.48
52 Week Low99.09
CS1 End142.75
CR1 Start144.39
Volume & EV
DER(3)-4.01%
DER(5)-4.29%
Volume250.21K
Volume Incr334.81%
Vol(5)1.21M
Vol(50)348.20K