Taking everything into account, RBNC scores 9 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RBNC did better than 96% of all other stocks.
- RBNC is part of the Banks industry. There are 383 other stocks in this industry. RBNC outperforms 100% of them.
- RBNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
RBNC has an excellent technical rating, but the quality of the setup is only medium 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
We found 4 important support 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.
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 | UP | POSITIVE | The long term trend for RBNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBNC is up. |
| ChartMill Relative Strength | 96.21 | POSITIVE | RBNC has a high relative strength, it outperformed 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.18 | NEUTRAL | The RSI value for RBNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests RBNC has a positive trend. |
| Stochastics (14,3) | 84.39 | OVERBOUGHT | The high Stochastics value suggests RBNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for RBNC suggests some volalility. |
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 worst case loss on the trade is limited to 4.23 points, which is 11.79%. | When investing 8.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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%)
Reliant Bancorp Inc / RBNC FAQ
Can you provide the ChartMill technical rating for Reliant Bancorp Inc?
ChartMill assigns a technical rating of 8 / 10 to RBNC.
Can you provide the trend direction for Reliant Bancorp Inc?
The current trend direction for Reliant Bancorp Inc (RBNC) is Bullish.
What is the RSI signal for RBNC stock?
Reliant Bancorp Inc (RBNC) has an RSI value of 60.1834. This indicates that the stock is currently neutral.
What is the MACD signal for RBNC stock?
The MACD indicator for Reliant Bancorp Inc (RBNC) has a value of 0.279725, indicating a bearish trend.
Can you provide the buy/sell signal for Reliant Bancorp Inc?
The buy/sell signal for Reliant Bancorp Inc (RBNC) is buy as both the short term and long term trends are positive.