NASDAQ:RBB • US74930B1052
We assign a technical rating of 5 out of 10 to RBB. In the last year, RBB was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, RBB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 21.37, a Stop Loss order could be placed below this zone.
17.58
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for RBB is neutral. |
| ChartMill Relative Strength | 72.64 | POSITIVE | RBB has a high relative strength, it outperformed 72.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBB is below 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) | 44.69 | NEUTRAL | The RSI value for RBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests RBB has a negative trend. |
| Stochastics (14,3) | 47.86 | NEUTRAL | The Stochastics value for RBB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for RBB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for RBB suggests a weak or negative trend. |
21.38
-0.39 (-1.79%)
ChartMill assigns a technical rating of 5 / 10 to RBB.
The current trend direction for RBB BANCORP (RBB) is Bullish.
RBB BANCORP (RBB) has an RSI value of 44.6855. This indicates that the stock is currently neutral.
RBB BANCORP (RBB) has a support level at 21.37 and a resistance level at 21.54. Check the full technical report for our detailed analysis of RBB support and resistance levels.