READY CAPITAL CORP - RC 7 08/15/23 (RCA) Technical Analysis
NYSE:RCA • US75574U2006
Current stock price
RCA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to RCA. RCA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: RCA has an average volume of 15792 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- RCA is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. RCA outperforms 88% of them.
- When compared to the yearly performance of all other stocks, RCA outperforms 52% of them, which is more or less in line with the market.
- RCA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCA is lagging the market.
- In the last month RCA has a been trading in a tight range between 24.93 and 25.36.
- Volume is considerably higher in the last couple of days.
RCA Weekly and Daily overview Charts
RCA Setup Rating and Analysis
RCA 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 24.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RCA 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
RCA Support and Resistance Analysis
24.31
When analyzing the support we notice one important area.
- A support zone ranging from 24.56 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.06 to 25.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RCA Technical Indicator Signal Analysis
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 RCA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCA is down. |
| ChartMill Relative Strength | 52.56 | NEUTRAL | RCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.9 | NEUTRAL | The RSI value for RCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests RCA may be oversold. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for RCA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.24 | POSITIVE | The high ADX value value for RCA suggests a strong trend. |
RCA Chart- and CandleStick Pattern Analysis
RCA Technicals: Chart, Performance Metrics, Trend & Indicators
READY CAPITAL CORP - RC 7 08/15/23
NYSE:RCA (8/14/2023, 8:04:00 PM)
24.97
0 (0%)
READY CAPITAL CORP - RC 7 08/15/23 / RCA TA FAQ
What is the ChartMill technical rating of READY CAPITAL CORP - RC 7 08/15/23 (RCA) stock?
ChartMill assigns a technical rating of 1 / 10 to RCA.
What is the current trend direction of READY CAPITAL CORP - RC 7 08/15/23 (RCA) stock?
The current trend direction for READY CAPITAL CORP - RC 7 08/15/23 (RCA) is Bearish.
What is the RSI signal for READY CAPITAL CORP - RC 7 08/15/23 (RCA) stock?
READY CAPITAL CORP - RC 7 08/15/23 (RCA) has an RSI value of 33.8992. This indicates that the stock is currently neutral.
What is the MACD signal for RCA stock?
The MACD indicator for READY CAPITAL CORP - RC 7 08/15/23 (RCA) has a value of -0.0176896, indicating a bearish trend.
What are the support and resistance levels for READY CAPITAL CORP - RC 7 08/15/23 (RCA) stock?
READY CAPITAL CORP - RC 7 08/15/23 (RCA) has a support level at 24.96 and a resistance level at 25.06. Check the full technical report for our detailed analysis of RCA support and resistance levels.