We assign a technical rating of 0 out of 10 to RBLU. RBLU'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 technical rating of RBLU 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
29.50
When analyzing the support we notice one important area.
- A support zone ranging from 29.80 to 29.94. 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 RBLU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBLU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RBLU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBLU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBLU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RBLU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.33 | OVERSOLD | The low RSI value suggests RBLU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RBLU has a positive trend. |
| Stochastics (14,3) | 3.84 | OVERSOLD | The low Stochastics value suggests RBLU may be oversold. |
| Average True Range in percent/ATR (20) | 8.37 | HIGH VOLATILITY | The high ATR as a percentage value for RBLU suggests high volalility. |
| Average Directional Index/ADX (14) | 39.4 | POSITIVE | The high ADX value value for RBLU suggests a strong trend. |
29.95
+0.15 (+0.5%)
T-REX 2X LNG RBLX DLY TRGT / RBLU FAQ
What is the technical rating for RBLU stock?
ChartMill assigns a technical rating of 0 / 10 to RBLU.
What is the current trend direction of T-REX 2X LNG RBLX DLY TRGT (RBLU) stock?
The current trend direction for T-REX 2X LNG RBLX DLY TRGT (RBLU) is Bearish.
What is the RSI signal for T-REX 2X LNG RBLX DLY TRGT (RBLU) stock?
T-REX 2X LNG RBLX DLY TRGT (RBLU) has an RSI value of 26.3264. This indicates that the stock is currently oversold.
Can you provide the short term momentum for T-REX 2X LNG RBLX DLY TRGT?
The short term momentum for T-REX 2X LNG RBLX DLY TRGT (RBLU) is negative.
Can you provide the buy/sell signal for T-REX 2X LNG RBLX DLY TRGT?
The buy/sell signal for T-REX 2X LNG RBLX DLY TRGT (RBLU) is sell as both the short term and long term trends are negative.