RB GLOBAL INC (RBA) Technical Analysis
NYSE:RBA • CA74935Q1072
Current stock price
RBA Technical Rating and Analysis
Taking everything into account, RBA scores 4 out of 10 in our technical rating. RBA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 65% of all other stocks performed better in the past year than RBA.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month RBA has a been trading in the 93.58 - 107.98 range, which is quite wide. It is currently trading near the high of this range.
- RBA has an average volume of 1418270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RBA is an average performer in the Commercial Services & Supplies industry, it outperforms 67% of 79 stocks in the same industry.
- RBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RBA is lagging the market.
RBA Weekly and Daily overview Charts
RBA Setup Rating and Analysis
RBA has an average technical rating and it also does not offer a high 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.
More info and screens
RBA Support and Resistance Analysis
93.48
We found 1 important support area.
- A support zone ranging from 94.42 to 96.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @107.32 from a horizontal line in the daily time frame.
- A resistance zone ranging from 118.02 to 119.14. 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 | UP | POSITIVE | The short term trend for RBA is up. |
| ChartMill Relative Strength | 35.07 | NEUTRAL | RBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RBA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.64 | NEUTRAL | The RSI value for RBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests RBA has a positive trend. |
| Stochastics (14,3) | 85.09 | OVERBOUGHT | The high Stochastics value suggests RBA may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for RBA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for RBA suggests a possible start of a new trend. |
RBA Chart- and CandleStick Pattern Analysis
RBA Technicals: Chart, Performance Metrics, Trend & Indicators
106.75
+0.53 (+0.5%)
RB GLOBAL INC / RBA TA FAQ
What is the ChartMill technical rating of RB GLOBAL INC (RBA) stock?
ChartMill assigns a technical rating of 4 / 10 to RBA.
Can you provide the trend direction for RB GLOBAL INC?
The current trend direction for RB GLOBAL INC (RBA) is Bearish.
Can you provide the RSI signal for RB GLOBAL INC?
RB GLOBAL INC (RBA) has an RSI value of 64.6367. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RB GLOBAL INC?
RB GLOBAL INC (RBA) has a support level at 96.22 and a resistance level at 107.32. Check the full technical report for our detailed analysis of RBA support and resistance levels.