RBB BANCORP (RBB) Stock Technical Analysis
NASDAQ:RBB - Nasdaq - US74930B1052 - Common Stock - Currency: USD
Overall RBB gets a technical rating of 7 out of 10. RBB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
RBB is part of the Banks industry. There are 397 other stocks in this industry, of which 79% are performing better than RBB.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RBB has a been trading in the 15.95 - 18.94 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, RBB outperforms 49% of them, which is more or less in line with the market.
RBB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RBB is lagging the market.
Volume is considerably higher in the last couple of days.
Although RBB has an excellent technical rating, the quality of the presented setup is not ideal 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
15.50
18.70
2 important support areas can be observed.
- A support zone ranging from 16.02 to 16.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @18.51 from a horizontal line in the weekly time frame.
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 RBB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBB is up. |
| ChartMill Relative Strength | 49.59 | NEUTRAL | RBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.49 | NEUTRAL | The RSI value for RBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests RBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.81 | OVERBOUGHT | The high Stochastics value suggests RBB may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for RBB suggests some volalility. |
| Average Directional Index/ADX (14) | 25.01 | POSITIVE | The high ADX value value for RBB suggests a strong 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)
18.5
-0.36 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.91%
1 Week0%
2 Weeks7%
1 Month6.38%
3 Month20.6%
6 Month-1.23%
12 Month-5.95%
2 Year26.11%
3 Year-18.9%
5 Year44.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.81%
ATR Inc-12.38%
Range Today0.64
ADR(20)0.51
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.59
Mansfield-1.36
10 Day High18.94
10 Day Low17.07
20 Day High18.94
20 Day Low15.95
52 Week High25.3
52 Week Low14.4
CS1 End16.48
CR1 Start18.51
Volume & EV
DER(3)-2.66%
DER(5)-2.47%
Volume51.70K
Volume Incr13.24%
Vol(5)78.40K
Vol(50)53.22K