Reliant Bancorp Inc (RBNC)

Common Stock

35.5  +0.49 (+1.4%)

After market: 35.5 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, RBNC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RBNC is showing a nice and steady performance.

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 412 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.
Weekly and Daily overview Charts
RBNC Weekly chart
RBNC Daily chart
Setup Rating and Analysis

7

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.

Support and Resistance Analysis

26.73

36.24

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.

We found 1 important resistance 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
35.8931.664.23 (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.
RBNC Daily chart

Reliant Bancorp Inc

NASDAQ:RBNC (12/31/2021, 7:43:16 PM)

After market: 35.5 0 (0%)

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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.04
ATR(20)%2.91%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume515.90K
Volume Incr274%
Vol(5)134.94K
Vol(50)51.32K