RB GLOBAL INC (RBA) Technical Analysis
NYSE:RBA • CA74935Q1072
Current stock price
RBA Technical Rating and Analysis
Taking everything into account, RBA scores 0 out of 10 in our technical rating. RBA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, RBA is a bad performer in the overall market: 63% of all stocks are doing better.
- In the last month RBA has a been trading in the 96.21 - 115.18 range, which is quite wide. It is currently trading near the lows of this range.
- RBA has an average volume of 1559670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- RBA is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, RBA did better than 59% of them.
- RBA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RBA is lagging the market slightly.
RBA Weekly and Daily overview Charts
RBA Setup Rating and Analysis
RBA has a poor technical rating and the quality of the setup is also not perfect 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
RBA Support and Resistance Analysis
94.56
When analyzing the support we notice one important area.
- A support zone ranging from 95.52 to 96.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @98.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 101.62 to 102.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 104.19 to 108.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 118.02 to 118.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
RBA 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 | NEUTRAL | NEUTRAL | The long term trend for RBA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBA is down. |
| ChartMill Relative Strength | 37.84 | NEUTRAL | RBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.87 | NEUTRAL | The RSI value for RBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RBA has a negative trend. |
| Stochastics (14,3) | 32.91 | NEUTRAL | The Stochastics value for RBA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for RBA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for RBA suggests a weak or negative trend. |
RBA Chart- and CandleStick Pattern Analysis
RBA Technicals: Chart, Performance Metrics, Trend & Indicators
98.68
+0.77 (+0.79%)
RB GLOBAL INC / RBA TA FAQ
What is the ChartMill technical rating of RB GLOBAL INC (RBA) stock?
ChartMill assigns a technical rating of 0 / 10 to RBA.
Can you provide the trend direction for RB GLOBAL INC?
The current trend direction for RB GLOBAL INC (RBA) is Bearish.
What is the RSI signal for RB GLOBAL INC (RBA) stock?
RB GLOBAL INC (RBA) has an RSI value of 39.8693. This indicates that the stock is currently neutral.
What is the MACD signal for RBA stock?
The MACD indicator for RB GLOBAL INC (RBA) has a value of -0.0833254, indicating a bearish trend.
What are the support and resistance levels for RB GLOBAL INC (RBA) stock?
RB GLOBAL INC (RBA) has a support level at 96.22 and a resistance level at 98.87. Check the full technical report for our detailed analysis of RBA support and resistance levels.