6.97 USD
-0.45 (-6.06%)
7.09 USD
+0.12 (+1.72%)
We assign a technical rating of 0 out of 10 to RCAT. RCAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RCAT is a bad performer in the overall market: 82% of all stocks are doing better.
RCAT is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 71% are performing better than RCAT.
RCAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RCAT has a been trading in the 5.77 - 11.21 range, which is quite wide. It is currently trading near the lows of this range.
RCAT has an average volume of 12386700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of RCAT 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
6.07
13.33
2 important support areas can be observed.
- Support @6.35 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.13 to 6.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.43 to 7.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.01 from a horizontal line in the daily time frame.
- Resistance @13.20 from a horizontal 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 RCAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCAT is down. |
| ChartMill Relative Strength | 18.79 | NEGATIVE | RCAT has a low relative strength, it was outperformed by 81.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.53 | NEUTRAL | The RSI value for RCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RCAT has a positive trend. |
| Stochastics (14,3) | 39.12 | NEUTRAL | The Stochastics value for RCAT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.14 | HIGH VOLATILITY | The high ATR as a percentage value for RCAT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for RCAT suggests a strong 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)
6.97
-0.45 (-6.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-6.06%
1 Week9.59%
2 Weeks-2.65%
1 Month-38.04%
3 Month-18.19%
6 Month-14.58%
12 Month-14.69%
2 Year692.05%
3 Year641.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%11.14%
ATR Inc-51.94%
Range Today0.37
ADR(20)0.75
ADR(20)%10.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.79
3 months CRS14.03
6 months CRS17
Mansfield-2.53
10 Day High7.53
10 Day Low5.77
20 Day High11.21
20 Day Low5.77
52 Week High16.7
52 Week Low4.58
CS1 End6.35
CR1 Start7.43
Volume & EV
DER(3)-1.07%
DER(5)-0.17%
Volume5.58M
Volume Incr-45.9%
Vol(5)5.49M
Vol(50)12.39M
RED CAT HOLDINGS INC / RCAT FAQ
Can you provide the ChartMill technical rating for RED CAT HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to RCAT.
What is the current trend direction of RED CAT HOLDINGS INC (RCAT) stock?
The current trend direction for RED CAT HOLDINGS INC (RCAT) is Bearish.
Can you provide the RSI signal for RED CAT HOLDINGS INC?
RED CAT HOLDINGS INC (RCAT) has an RSI value of 37.5333. This indicates that the stock is currently neutral.
What is the MACD signal for RED CAT HOLDINGS INC (RCAT) stock?
The MACD indicator for RED CAT HOLDINGS INC (RCAT) has a value of 0.0815878, indicating a bearish trend.
What is the short term momentum for RED CAT HOLDINGS INC (RCAT) stock?
The short term momentum for RED CAT HOLDINGS INC (RCAT) is negative.