READY CAPITAL CORP (RC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RC - US75574U1016 - REIT
We assign a technical rating of 0 out of 10 to RC. RC 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 technical rating of RC 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
2.50
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 2.54 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.36 from a trend line in the daily time frame.
- Resistance @3.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.97 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.37 from a horizontal line in the daily time frame.
- Resistance @4.47 from a horizontal line in the daily time frame.
- Resistance @4.57 from a horizontal 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 RC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RC is down. |
| ChartMill Relative Strength | 3.74 | NEGATIVE | RC has a low relative strength, it was outperformed by 96.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.1 | NEUTRAL | The RSI value for RC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RC has a positive trend. |
| Stochastics (14,3) | 30.85 | NEUTRAL | The Stochastics value for RC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for RC suggests high volalility. |
| Average Directional Index/ADX (14) | 53.22 | POSITIVE | The high ADX value value for RC suggests a strong trend. |
2.53
-0.01 (-0.39%)
READY CAPITAL CORP / RC FAQ
What is the ChartMill technical rating of READY CAPITAL CORP (RC) stock?
ChartMill assigns a technical rating of 0 / 10 to RC.
Can you provide the trend direction for READY CAPITAL CORP?
The current trend direction for READY CAPITAL CORP (RC) is Bearish.
What is the RSI signal for RC stock?
READY CAPITAL CORP (RC) has an RSI value of 35.0954. This indicates that the stock is currently neutral.
What is the MACD signal for READY CAPITAL CORP (RC) stock?
The MACD indicator for READY CAPITAL CORP (RC) has a value of 0.0238126, indicating a bearish trend.
What is the buy/sell signal for READY CAPITAL CORP (RC) stock?
The buy/sell signal for READY CAPITAL CORP (RC) is sell as both the short term and long term trends are negative.