RBC BEARINGS INC (RBC)

US75524B1044 - Common Stock

289.28  +21.72 (+8.12%)

After market: 289.28 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to RBC. In the last year, RBC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

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.
Looking at the yearly performance, RBC did better than 82% of all other stocks. We also observe that the gains produced by RBC over the past year are nicely spread over this period.
RBC is part of the Machinery industry. There are 132 other stocks in this industry. RBC outperforms 70% of them.
A new 52 week high is currently being made by RBC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RBC has a been trading in the 241.43 - 289.28 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RBC Weekly chart
RBC Daily chart
Setup Rating and Analysis

1

Although RBC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

210.17

292.17

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 258.00 to 269.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 247.54 to 249.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @241.86 from a horizontal line in the daily time frame.
  • Support @229.44 from a trend line in the weekly time frame.
  • Support @212.29 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.1
Mansfield0.38
10 Day High289.28
10 Day Low252.4
20 Day High289.28
20 Day Low241.43
52 Week High289.28
52 Week Low195.18
Performance
1 Week6.53%
2 Weeks15.72%
1 Month18.14%
3 Month6.75%
6 Month19.16%
12 Month36.11%
2 Year96.48%
3 Year214.54%
5 Year236.57%
10 Year347.25%
15 Year592.89%
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)
Technical Indicators
MACD(12,26,9)3.39
RSI(14)73.38
LBB240.07
UBB286.89
RBC Daily chart

RBC BEARINGS INC

NYSE:RBC (5/17/2024, 7:22:44 PM)

After market: 289.28 0 (0%)

289.28

+21.72 (+8.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg8.12%
1 Week6.53%
2 Weeks15.72%
1 Month18.14%
3 Month6.75%
6 Month19.16%
12 Month36.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.33
ATR(20)%1.92%
ATR Inc
Range Today13.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High289.28
10 Day Low252.4
20 Day High289.28
20 Day Low241.43
52 Week High289.28
52 Week Low195.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume439.20K
Volume Incr34.94%
Vol(5)223.98K
Vol(50)144.51K