READY CAPITAL CORP (RC) Stock Technical Analysis
NYSE:RC - US75574U1016 - REIT
4.22 USD
+0.13 (+3.18%)
4.22 USD
0 (0%)
Taking everything into account, RC scores 0 out of 10 in our technical rating. RC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than RC.
RC is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 95% of 67 stocks in the same industry do better.
RC 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 RC has a been trading in the 3.70 - 4.29 range, which is quite wide. It is currently trading near the high of this range.
RC has an average volume of 2020000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 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
3.66
5.01
We found 2 important support areas.
- Support @4.18 from a trend line in the daily time frame.
- Support @3.70 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @4.37 from a trend line in the daily time frame.
- Resistance @4.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.67 to 4.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.96 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for RC is neutral. |
| ChartMill Relative Strength | 7.55 | NEGATIVE | RC has a low relative strength, it was outperformed by 92.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RC is above 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) | 56.26 | NEUTRAL | The RSI value for RC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RC has a positive trend. |
| Stochastics (14,3) | 72.02 | NEUTRAL | The Stochastics value for RC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for RC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for RC suggests a possible start of a new trend. |
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)
4.22
+0.13 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg3.18%
1 Week9.61%
2 Weeks7.65%
1 Month-1.86%
3 Month-5.59%
6 Month-39.11%
12 Month-49.1%
2 Year-61.36%
3 Year-67.79%
5 Year-58.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.39%
ATR Inc14.34%
Range Today0.22
ADR(20)0.14
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.55
Mansfield-3.4
10 Day High4.28
10 Day Low3.7
20 Day High4.29
20 Day Low3.7
52 Week High8.41
52 Week Low3.7
CS1 End4.18
CR1 Start4.37
Volume & EV
DER(3)6.76%
DER(5)3.13%
Volume3.76M
Volume Incr27.02%
Vol(5)2.53M
Vol(50)2.02M