RBB BANCORP (RBB) Technical Analysis
NASDAQ:RBB • US74930B1052
Current stock price
RBB Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to RBB. Both in the recent history as in the last year, RBB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RBB did better than 79% of all other stocks. We also observe that the gains produced by RBB over the past year are nicely spread over this period.
- RBB is part of the Banks industry. There are 380 other stocks in this industry. RBB outperforms 70% of them.
- RBB 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 RBB is performing more or less in line with the market.
- In the last month RBB has a been trading in the 20.26 - 22.04 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
RBB Weekly and Daily overview Charts
RBB Setup Rating and Analysis
Besides having an excellent technical rating, RBB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.48, a Stop Loss order could be placed below this zone.
More info and screens
RBB Support and Resistance Analysis
18.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.35 to 21.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.07 to 22.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
RBB 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 | UP | POSITIVE | The long term trend for RBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBB is up. |
| ChartMill Relative Strength | 79.92 | POSITIVE | RBB has a high relative strength, it outperformed 79.92% off all stocks 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) | DOWN | MIXED | The current price of RBB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.24 | NEUTRAL | The RSI value for RBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RBB has a positive trend. |
| Stochastics (14,3) | 86.74 | OVERBOUGHT | The high Stochastics value suggests RBB may be overbought. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for RBB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.96 | NEGATIVE | The low ADX value for RBB suggests a weak or negative trend. |
RBB Chart- and CandleStick Pattern Analysis
RBB 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.44 | 20.66 | 1.78 (7.93%) | 12.61% |
| An entry @22.44. This is a Buy Stop order right above the resistance zone. | An exit @20.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.78 points, which is 7.93%. | When investing 12.61% 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.
RBB Technicals: Chart, Performance Metrics, Trend & Indicators
21.85
+0.18 (+0.83%)
RBB BANCORP / RBB TA FAQ
Can you provide the ChartMill technical rating for RBB BANCORP?
ChartMill assigns a technical rating of 8 / 10 to RBB.
What is the current trend direction of RBB BANCORP (RBB) stock?
The current trend direction for RBB BANCORP (RBB) is Bullish.
What is the RSI signal for RBB stock?
RBB BANCORP (RBB) has an RSI value of 59.2365. This indicates that the stock is currently neutral.
What is the short term momentum for RBB BANCORP (RBB) stock?
The short term momentum for RBB BANCORP (RBB) is positive.
What is the buy/sell signal for RBB stock?
The buy/sell signal for RBB BANCORP (RBB) is buy as both the short term and long term trends are positive.