RUBICON TECHNOLOGY INC (RBCN) Technical Analysis
NASDAQ:RBCN • US78112T2069
Current stock price
RBCN Technical Rating and Analysis
Overall RBCN gets a technical rating of 0 out of 10. RBCN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than RBCN.
- RBCN is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 94% are performing better than RBCN.
- RBCN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RBCN has a been trading in the 1.26 - 2.34 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.
- Warning: RBCN has an average volume of 20072 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RBCN Weekly and Daily overview Charts
RBCN Setup Rating and Analysis
The technical rating of RBCN is bad and it also does not present a quality setup 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
RBCN Support and Resistance Analysis
1.29
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.87 from a trend line in the daily time frame.
RBCN 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 | DOWN | NEGATIVE | The long term trend for RBCN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBCN is down. |
| ChartMill Relative Strength | 5.04 | NEGATIVE | RBCN has a low relative strength, it was outperformed by 94.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBCN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBCN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.33 | OVERSOLD | The low RSI value suggests RBCN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RBCN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.55 | OVERSOLD | The low Stochastics value suggests RBCN may be oversold. |
| Average True Range in percent/ATR (20) | 12.53 | HIGH VOLATILITY | The high ATR as a percentage value for RBCN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for RBCN suggests a possible start of a new trend. |
RBCN Chart- and CandleStick Pattern Analysis
RBCN Technicals: Chart, Performance Metrics, Trend & Indicators
1.3
-0.02 (-1.52%)
RUBICON TECHNOLOGY INC / RBCN TA FAQ
Can you provide the ChartMill technical rating for RUBICON TECHNOLOGY INC?
ChartMill assigns a technical rating of 0 / 10 to RBCN.
Can you provide the trend direction for RUBICON TECHNOLOGY INC?
The current trend direction for RUBICON TECHNOLOGY INC (RBCN) is Bearish.
Can you provide the RSI signal for RUBICON TECHNOLOGY INC?
RUBICON TECHNOLOGY INC (RBCN) has an RSI value of 28.3312. This indicates that the stock is currently oversold.
Can you provide the MACD signal for RUBICON TECHNOLOGY INC?
The MACD indicator for RUBICON TECHNOLOGY INC (RBCN) has a value of -0.0104068, indicating a bearish trend.
Can you provide the support and resistance levels for RUBICON TECHNOLOGY INC?
RUBICON TECHNOLOGY INC (RBCN) has a resistance level at 1.43. Check the full technical report for our detailed analysis of RBCN support and resistance levels.