T-REX 2X LNG RBLX DLY TRGT (RBLU) Stock Technical Analysis
NYSEARCA:RBLU • US26923N2808
Overall RBLU gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RBLU is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month RBLU has a been trading in the 14.79 - 25.15 range, which is quite wide. It is currently trading near the lows of this range.
RBLU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for RBLU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.25
We found 1 important support area.
- Support @16.41 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.28 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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) | DOWN | NEGATIVE | The current price of RBLU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.78 | NEUTRAL | The RSI value for RBLU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests RBLU has a positive trend. |
| Stochastics (14,3) | 12.68 | OVERSOLD | The low Stochastics value suggests RBLU may be oversold. |
| Average True Range in percent/ATR (20) | 16.03 | HIGH VOLATILITY | The high ATR as a percentage value for RBLU suggests high volalility. |
| Average Directional Index/ADX (14) | 29.14 | POSITIVE | The high ADX value value for RBLU suggests a strong trend. |
16.41
+0.74 (+4.72%)
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.
Can you provide the trend direction for T-REX 2X LNG RBLX DLY TRGT?
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 37.775. This indicates that the stock is currently neutral.
What is the short term momentum for RBLU stock?
The short term momentum for T-REX 2X LNG RBLX DLY TRGT (RBLU) is negative.
What is the buy/sell signal for T-REX 2X LNG RBLX DLY TRGT (RBLU) stock?
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.