REPUBLIC BANCORP INC-CLASS A (RBCAA) Technical Analysis
NASDAQ:RBCAA • US7602812049
Current stock price
RBCAA Technical Rating and Analysis
Overall RBCAA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RBCAA is only an average performer.
- RBCAA is one of the lesser performing stocks in the Banks industry. 74% of 376 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the performance of all stocks over the past year, RBCAA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- RBCAA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RBCAA is lagging the market.
- In the last month RBCAA has a been trading in the 68.10 - 76.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RBCAA Weekly and Daily overview Charts
RBCAA Setup Rating and Analysis
Besides having an excellent technical rating, RBCAA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
RBCAA Support and Resistance Analysis
64.31
We found 3 important support areas.
- A support zone ranging from 70.91 to 72.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.50 to 67.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 64.96 to 65.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 74.13 to 75.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 77.62 to 77.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
RBCAA 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 RBCAA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBCAA is up. |
| ChartMill Relative Strength | 46.94 | NEUTRAL | RBCAA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBCAA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RBCAA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RBCAA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.89 | NEUTRAL | The RSI value for RBCAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RBCAA has a negative trend. |
| Stochastics (14,3) | 60.04 | NEUTRAL | The Stochastics value for RBCAA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RBCAA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for RBCAA suggests a weak or negative trend. |
RBCAA Chart- and CandleStick Pattern Analysis
RBCAA 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 |
|---|---|---|---|
| 74.14 | 72.15 | 1.99 (2.68%) | 25.00% |
| An entry @74.14. This is a Buy Stop order right above the 10 day moving average. | An exit @72.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.99 points, which is 2.68%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RBCAA. Please evaluate whether better entry and exit points can be found.
- 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.
RBCAA Technicals: Chart, Performance Metrics, Trend & Indicators
72.46
-1.06 (-1.44%)
REPUBLIC BANCORP INC-CLASS A / RBCAA TA FAQ
What is the ChartMill technical rating of REPUBLIC BANCORP INC-CLASS A (RBCAA) stock?
ChartMill assigns a technical rating of 7 / 10 to RBCAA.
What is the trend direction for RBCAA stock?
The current trend direction for REPUBLIC BANCORP INC-CLASS A (RBCAA) is Bullish.
Can you provide the RSI signal for REPUBLIC BANCORP INC-CLASS A?
REPUBLIC BANCORP INC-CLASS A (RBCAA) has an RSI value of 50.8932. This indicates that the stock is currently neutral.
What is the buy/sell signal for RBCAA stock?
The buy/sell signal for REPUBLIC BANCORP INC-CLASS A (RBCAA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RBCAA stock?
REPUBLIC BANCORP INC-CLASS A (RBCAA) has a support level at 72.45 and a resistance level at 74.13. Check the full technical report for our detailed analysis of RBCAA support and resistance levels.