Reebonz Holding Ltd (RBZ) Stock Technical Analysis
USA - NASDAQ:RBZ -
0.48
+0.09 (+23.11%)
0.4
-0.08 (-16.67%)
We assign a technical rating of 1 out of 10 to RBZ. RBZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RBZ is a bad performer in the overall market: 99% of all stocks are doing better.
RBZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RBZ has a been trading in the 0.30 - 0.52 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, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of RBZ 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
0.36
0.90
When analyzing the support we notice one important area.
- Support @0.36 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.89 from a trend line 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 RBZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RBZ is neutral. |
| ChartMill Relative Strength | 1.86 | NEGATIVE | RBZ has a low relative strength, it was outperformed by 98.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.6 | NEUTRAL | The RSI value for RBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RBZ has a positive trend. |
| Stochastics (14,3) | 56.2 | NEUTRAL | The Stochastics value for RBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 11.46 | HIGH VOLATILITY | The high ATR as a percentage value for RBZ suggests high volalility. |
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)
0.48
+0.09 (+23.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg23.11%
1 Week35.98%
2 Weeks23.08%
1 Month15.27%
3 Month-59.66%
6 Month-60.98%
12 Month-93.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%11.46%
ATR Inc97.05%
Range Today0.15
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
CRS1.86
Mansfield-7.45
10 Day High0.52
10 Day Low0.34
20 Day High0.52
20 Day Low0.3
52 Week High7.7
52 Week Low0.3
CS1 End0.36
CR1 Start0.89
Volume & EV
DER(3)-1.41%
DER(5)-2.63%
Volume5.58M
Volume Incr453.82%
Vol(5)1.80M
Vol(50)399.75K