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RB GLOBAL INC (RBA.CA) Stock Technical Analysis

TSX:RBA - Toronto Stock Exchange - CA74935Q1072 - Common Stock - Currency: CAD

148.3  +0.87 (+0.59%)

Technical Rating and Analysis

7

Taking everything into account, RBA scores 7 out of 10 in our technical rating. RBA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, RBA did better than 73% of all other stocks. We also observe that the gains produced by RBA over the past year are nicely spread over this period.
RBA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 73% of 24 stocks in the same industry.
RBA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RBA has a been trading in the 140.80 - 153.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RB GLOBAL INC / RBA Weekly stock chart
RB GLOBAL INC / RBA Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, RBA 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 151.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 147.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

125.49

153.27

4 important support areas can be observed.

  • A support zone ranging from 142.69 to 147.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 138.98 to 139.82. 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.

When analyzing the resistance we notice one important area.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RBA.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for RBA.CA is neutral.
ChartMill Relative Strength73POSITIVERBA.CA has a high relative strength, it outperformed 73% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RBA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RBA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RBA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)54.62NEUTRALThe RSI value for RBA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests RBA.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)47.82NEUTRALThe Stochastics value for RBA.CA is a neutral value.
Average True Range in percent/ATR (20)1.7LOW VOLATILITYThe low ATR as a percentage value for RBA.CA suggests low volalility.
Average Directional Index/ADX (14)13.7NEGATIVEThe low ADX value for RBA.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
151.76145.396.37 (4.20%)23.82%
An entry @151.76. This is a Buy Stop order right above the resistance zone.An exit @145.39. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 6.37 points, which is 4.20%.When investing 23.82% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
RB GLOBAL INC / RBA Daily stock chart

RB GLOBAL INC

TSX:RBA (7/24/2025, 7:00:00 PM)

148.3

+0.87 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.59%
1 Week-2.26%
2 Weeks0.71%
1 Month3.27%
3 Month8.06%
6 Month14.44%
12 Month36.48%
2 Year74.14%
3 Year60.67%
5 Year139.46%
10 Year319.16%
15 Year674.41%
Volatility
ATR(14)2.65
ATR(20)%1.7%
ATR Inc-29.65%
Range Today1.39
ADR(20)2.51
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73
Mansfield0.3
10 Day High153.29
10 Day Low145.4
20 Day High153.29
20 Day Low140.8
52 Week High153.29
52 Week Low99.09
CS1 End147.49
CR1 Start151.39
Volume & EV
DER(3)-2.05%
DER(5)-2.02%
Volume170.62K
Volume Incr-56.08%
Vol(5)212.06K
Vol(50)355.12K