RBC BEARINGS INC (RBC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RBC - US75524B1044 - Common Stock
Overall RBC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RBC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although RBC 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.
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353.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 439.13 to 445.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 417.88 to 426.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 388.19 to 393.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 375.51 to 377.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 356.89 to 359.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBC is up. |
| ChartMill Relative Strength | 89.34 | POSITIVE | RBC has a high relative strength, it outperformed 89.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.13 | OVERBOUGHT | The high RSI value suggests RBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests RBC has a positive trend. |
| Stochastics (14,3) | 92.83 | OVERBOUGHT | The high Stochastics value suggests RBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for RBC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.16 | NEUTRAL | The ADX value for RBC suggests a possible start of a new trend. |
460.17
+2.02 (+0.44%)
RBC BEARINGS INC / RBC FAQ
Can you provide the ChartMill technical rating for RBC BEARINGS INC?
ChartMill assigns a technical rating of 10 / 10 to RBC.
Can you provide the trend direction for RBC BEARINGS INC?
The current trend direction for RBC BEARINGS INC (RBC) is Bullish.
What is the RSI signal for RBC stock?
RBC BEARINGS INC (RBC) has an RSI value of 70.1263. This indicates that the stock is currently overbought.
Can you provide the short term momentum for RBC BEARINGS INC?
The short term momentum for RBC BEARINGS INC (RBC) is positive.
What is the support and resistance level for RBC stock?
RBC BEARINGS INC (RBC) has a support level at 445.25. Check the full technical report for our detailed analysis of RBC support and resistance levels.