READY CAPITAL CORP (RC) Stock Technical Analysis
NYSE:RC - New York Stock Exchange, Inc. - US75574U1016 - REIT - Currency: USD
Overall RC gets a technical rating of 1 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RC is a bad performer in the overall market: 92% of all stocks are doing better.
RC is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 92% 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 4.10 - 4.67 range, which is quite wide. It is currently trading near the lows of this range.
RC has an average volume of 1876810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.08
6.54
2 important support areas can be observed.
- Support @4.20 from a horizontal line in the daily time frame.
- A support zone ranging from 4.12 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.28 to 4.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.39 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @5.18 from a trend line in the weekly time frame.
- Resistance @6.48 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 | DOWN | NEGATIVE | The short term trend for RC is down. |
| ChartMill Relative Strength | 8.59 | NEGATIVE | RC has a low relative strength, it was outperformed by 91.41% 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) | UP | MIXED | The current price of RC is below the rising 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) | 43.44 | NEUTRAL | The RSI value for RC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.65 | OVERSOLD | The low Stochastics value suggests RC may be oversold. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for RC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for RC suggests a weak or negative 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
+0.04 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.96%
1 Week-1.86%
2 Weeks-5.38%
1 Month-6.43%
3 Month2.18%
6 Month-36.73%
12 Month-51.66%
2 Year-61.36%
3 Year-67.79%
5 Year-58.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.29%
ATR Inc-15.49%
Range Today0.15
ADR(20)0.14
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.59
Mansfield-3.58
10 Day High4.58
10 Day Low4.1
20 Day High4.67
20 Day Low4.1
52 Week High8.73
52 Week Low3.93
CS1 End4.2
CR1 Start4.28
Volume & EV
DER(3)9.31%
DER(5)5.46%
Volume3.56M
Volume Incr9.13%
Vol(5)2.03M
Vol(50)1.88M