REPUBLIC BANCORP INC-CLASS A (RBCAA) Stock Technical Analysis
NASDAQ:RBCAA - Nasdaq - US7602812049 - Common Stock - Currency: USD
Overall RBCAA gets a technical rating of 1 out of 10. RBCAA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month RBCAA has a been trading in the 66.81 - 78.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, RBCAA outperforms 52% of them, which is more or less in line with the market.
RBCAA is an average performer in the Banks industry, it outperforms 52% of 392 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days.
The technical rating of RBCAA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.36
78.90
We found 3 important support areas.
- Support @65.21 from a trend line in the weekly time frame.
- A support zone ranging from 60.50 to 60.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @68.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 71.00 to 71.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.35 to 73.73. 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 75.68 to 75.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 77.62 to 78.12. 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 | NEUTRAL | NEUTRAL | The long term trend for RBCAA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBCAA is down. |
| ChartMill Relative Strength | 52.43 | NEUTRAL | RBCAA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RBCAA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RBCAA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.49 | NEUTRAL | The RSI value for RBCAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests RBCAA has a negative trend. |
| Stochastics (14,3) | 4.12 | OVERSOLD | The low Stochastics value suggests RBCAA may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for RBCAA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.73 | NEUTRAL | The ADX value for RBCAA suggests a possible start of a new 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)
67.5
-1.36 (-1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.98%
1 Week-6.39%
2 Weeks-10.81%
1 Month-13.05%
3 Month-3.53%
6 Month3.13%
12 Month11.29%
2 Year51.89%
3 Year58.82%
5 Year119.44%
10 Year170.11%
15 Year247.58%
Volatility
ATR(14)1.96
ATR(20)%2.71%
ATR Inc-5.83%
Range Today1.59
ADR(20)1.74
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.43
Mansfield-0.72
10 Day High76.6
10 Day Low66.82
20 Day High78.02
20 Day Low66.82
52 Week High80.68
52 Week Low54.88
CS1 End65.21
CR1 Start68.07
Volume & EV
DER(3)-1.87%
DER(5)-1.77%
Volume36.30K
Volume Incr-52.37%
Vol(5)29.70K
Vol(50)61.56K