REPUBLIC BANCORP INC-CLASS A (RBCAA) Stock Technical Analysis
NASDAQ:RBCAA - Nasdaq - US7602812049 - Common Stock - Currency: USD
Taking everything into account, RBCAA scores 7 out of 10 in our technical rating. In the last year, RBCAA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month RBCAA has a been trading in the 67.00 - 74.47 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that RBCAA is one of the better performing stocks in the market, outperforming 85% of all stocks.
RBCAA is part of the Banks industry. There are 504 other stocks in this industry. RBCAA outperforms 85% of them.
RBCAA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RBCAA is lagging the market slightly.
Although RBCAA 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.
More info and screens
56.10
74.38
4 important support areas can be observed.
- Support @65.30 from a horizontal line in the daily time frame.
- Support @62.94 from a trend line in the weekly time frame.
- A support zone ranging from 60.50 to 60.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.67 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 72.83 to 73.64. 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 RBCAA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RBCAA is neutral. |
| ChartMill Relative Strength | 85.52 | POSITIVE | RBCAA has a high relative strength, it outperformed 85.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBCAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBCAA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBCAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.44 | NEUTRAL | The RSI value for RBCAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests RBCAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.66 | NEUTRAL | The Stochastics value for RBCAA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RBCAA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.3 | POSITIVE | The high ADX value value for RBCAA suggests a strong trend. |
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)
68.15
-0.28 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.41%
1 Week-1.96%
2 Weeks-4.95%
1 Month-3.87%
3 Month2.77%
6 Month-10.26%
12 Month35.03%
2 Year60.35%
3 Year41.24%
5 Year108.35%
10 Year165.18%
15 Year204.24%
Volatility
ATR(14)1.49
ATR(20)%2.18%
ATR Inc9.63%
Range Today1.71
ADR(20)1.38
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.52
Mansfield0
10 Day High71.72
10 Day Low67
20 Day High74.47
20 Day Low67
52 Week High80.68
52 Week Low48.67
CS1 End65.3
CR1 Start72.83
Volume & EV
DER(3)1.74%
DER(5)0.68%
Volume24.10K
Volume Incr-1.37%
Vol(5)24.50K
Vol(50)30.12K