RED CAT HOLDINGS INC (RCAT)

US75644T1007 - Common Stock

1  -0.01 (-0.99%)

Technical Rating and Analysis

6

Overall RCAT gets a technical rating of 6 out of 10. In the last year, RCAT was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month RCAT has a been trading in the 0.99 - 1.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RCAT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 77% of 128 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, RCAT did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
RCAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCAT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RCAT Weekly chart
RCAT Daily chart
Setup Rating and Analysis

4

RCAT has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

0.93

1.38

We found 2 important support areas.

  • A support zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.94 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @1.00 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.33 from a trend line in the weekly time frame.
  • Resistance @1.37 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.75
Mansfield-0.18
10 Day High1.14
10 Day Low0.99
20 Day High1.55
20 Day Low0.99
52 Week High1.65
52 Week Low0.53
Performance
1 Week-8.18%
2 Weeks-9.01%
1 Month-33.11%
3 Month35.39%
6 Month13.78%
12 Month3.93%
2 Year-51.21%
3 Year-60.08%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)42.88
LBB0.96
UBB1.19
RCAT Daily chart

RED CAT HOLDINGS INC

NASDAQ:RCAT (5/31/2024, 2:57:55 PM)

1

-0.01 (-0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.99%
1 Week-8.18%
2 Weeks-9.01%
1 Month-33.11%
3 Month35.39%
6 Month13.78%
12 Month3.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%8.89%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.14
10 Day Low0.99
20 Day High1.55
20 Day Low0.99
52 Week High1.65
52 Week Low0.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.79K
Volume Incr-69.06%
Vol(5)284.32K
Vol(50)833.65K