REPUBLIC BANCORP INC-CLASS A (RBCAA) Technical Analysis
NASDAQ:RBCAA • US7602812049
We assign a technical rating of 0 out of 10 to RBCAA. RBCAA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 68% of all other stocks performed better in the past year than RBCAA.
- RBCAA is part of the Banks industry. There are 381 other stocks in this industry, of which 78% are performing better than RBCAA.
- In the last month RBCAA has a been trading in the 66.50 - 75.45 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, RBCAA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 67.68, a Stop Loss order could be placed below this zone.
More info and screens
67.00
We found 1 important support area.
- Support @67.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 68.68 to 71.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.59 to 74.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 77.31 to 77.77. 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 | DOWN | NEGATIVE | The long term trend for RBCAA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBCAA is down. |
| ChartMill Relative Strength | 32.87 | 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) | DOWN | NEGATIVE | The current price of RBCAA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.44 | NEUTRAL | The RSI value for RBCAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests RBCAA has a negative trend. |
| Stochastics (14,3) | 24.55 | NEUTRAL | The Stochastics value for RBCAA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for RBCAA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for RBCAA suggests a weak or negative trend. |
RBCAA Technicals: Chart, Performance Metrics, Trend & Indicators
68.42
-0.45 (-0.65%)
REPUBLIC BANCORP INC-CLASS A / RBCAA FAQ
What is the ChartMill technical rating of REPUBLIC BANCORP INC-CLASS A (RBCAA) stock?
ChartMill assigns a technical rating of 0 / 10 to RBCAA.
What is the trend direction for RBCAA stock?
The current trend direction for REPUBLIC BANCORP INC-CLASS A (RBCAA) is Bearish.
What is the RSI signal for REPUBLIC BANCORP INC-CLASS A (RBCAA) stock?
REPUBLIC BANCORP INC-CLASS A (RBCAA) has an RSI value of 39.4444. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REPUBLIC BANCORP INC-CLASS A?
The MACD indicator for REPUBLIC BANCORP INC-CLASS A (RBCAA) has a value of -0.290624, indicating a bearish trend.
What is the short term momentum for REPUBLIC BANCORP INC-CLASS A (RBCAA) stock?
The short term momentum for REPUBLIC BANCORP INC-CLASS A (RBCAA) is negative.