Reliant Bancorp Inc (RBNC) Stock Technical Analysis
NASDAQ:RBNC - Nasdaq - Common Stock
Overall RBNC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RBNC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RBNC is one of the better performing stocks in the market, outperforming 96% of all stocks.
RBNC is part of the Banks industry. There are 395 other stocks in this industry. RBNC outperforms 98% of them.
RBNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RBNC is leading the market.
In the last month RBNC has a been trading in the 31.67 - 36.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although RBNC has an excellent technical rating, the quality of the presented setup is not ideal 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
26.73
36.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.52 to 34.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.99 from a trend line in the weekly time frame.
- Support @27.98 from a trend line in the daily time frame.
- A support zone ranging from 27.00 to 27.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.88 to 35.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.21
Mansfield1.14
10 Day High36.25
10 Day Low31.67
20 Day High36.25
20 Day Low31.67
52 Week High36.36
52 Week Low17.79
Performance
1 Week4.75%
2 Weeks5.53%
1 Month4.14%
3 Month11.88%
6 Month30.56%
12 Month90.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.28
RSI(14)60.18
LBB31.77
UBB35.94
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.89 | 31.66 | 4.23 (11.79%) | 8.48% |
| An entry @35.89. This is a Buy Stop order right above the resistance zone. | An exit @31.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.23 points, which is 11.79%. | For a 1.00% total portfolio risk, you can invest 8.48% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.5
+0.49 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.4%
1 Week4.75%
2 Weeks5.53%
1 Month4.14%
3 Month11.88%
6 Month30.56%
12 Month90.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%2.91%
ATR Inc6.01%
Range Today0.73
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.21
Mansfield1.14
10 Day High36.25
10 Day Low31.67
20 Day High36.25
20 Day Low31.67
52 Week High36.36
52 Week Low17.79
CS1 End34.4
CR1 Start35.88
Volume & EV
DER(3)-3.45%
DER(5)-0.19%
Volume515.90K
Volume Incr274%
Vol(5)134.94K
Vol(50)51.32K