RED CAT HOLDINGS INC (RCAT) Technical Analysis
NASDAQ:RCAT • US75644T1007
Current stock price
13.25 USD
-1.88 (-12.45%)
At close:
13.5 USD
+0.25 (+1.89%)
After Hours:
RCAT Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RCAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RCAT is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, RCAT did better than 97% of all other stocks. We also observe that the gains produced by RCAT over the past year are nicely spread over this period.
- RCAT is part of the Aerospace & Defense industry. There are 78 other stocks in this industry. RCAT outperforms 93% of them.
- RCAT has an average volume of 16967300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RCAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCAT is lagging the market slightly.
- In the last month RCAT has a been trading in the 11.23 - 18.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RCAT Weekly and Daily overview Charts
RCAT Setup Rating and Analysis
Besides having an excellent technical rating, RCAT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
RCAT Support and Resistance Analysis
6.96
13.38
6 important support areas can be observed.
- A support zone ranging from 13.14 to 13.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.25 from a trend line in the daily time frame.
- Support @11.36 from a horizontal line in the weekly time frame.
- Support @10.01 from a horizontal line in the daily time frame.
- Support @7.60 from a trend line in the weekly time frame.
- Support @7.03 from a trend line in the weekly time frame.
RCAT 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 | UP | POSITIVE | The long term trend for RCAT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCAT is neutral. |
| ChartMill Relative Strength | 97.6 | POSITIVE | RCAT has a high relative strength, it outperformed 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RCAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RCAT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RCAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.8 | NEUTRAL | The RSI value for RCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RCAT has a negative trend. |
| Stochastics (14,3) | 40.71 | NEUTRAL | The Stochastics value for RCAT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.21 | HIGH VOLATILITY | The high ATR as a percentage value for RCAT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for RCAT suggests a strong trend. |
RCAT Chart- and CandleStick Pattern Analysis
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)
RCAT Technicals: Chart, Performance Metrics, Trend & Indicators
13.25
-1.88 (-12.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-12.45%
1 Week-16.46%
2 Weeks-13.74%
1 Month6.26%
3 Month64.6%
6 Month26.67%
12 Month144.47%
2 Year1632.03%
3 Year1174.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%15.21%
ATR Inc17.67%
Range Today2.15
ADR(20)1.9
ADR(20)%14.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.6
3 months CRS98.04
6 months CRS90.83
Mansfield3.98
10 Day High18.49
10 Day Low12.98
20 Day High18.78
20 Day Low11.24
52 Week High18.78
52 Week Low4.6
CS1 End13.24
CR1 StartN/A
Volume & EV
DER(3)-6.12%
DER(5)-2.87%
Volume18.09M
Volume Incr7.7%
Vol(5)20.62M
Vol(50)16.97M
RED CAT HOLDINGS INC / RCAT TA FAQ
Can you provide the ChartMill technical rating for RED CAT HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to RCAT.
What is the trend direction for RCAT stock?
The current trend direction for RED CAT HOLDINGS INC (RCAT) is Bullish.
Can you provide the RSI signal for RED CAT HOLDINGS INC?
RED CAT HOLDINGS INC (RCAT) has an RSI value of 44.7987. This indicates that the stock is currently neutral.
What is the MACD signal for RCAT stock?
The MACD indicator for RED CAT HOLDINGS INC (RCAT) has a value of -0.0963028, indicating a bearish trend.
Can you provide the short term momentum for RED CAT HOLDINGS INC?
The short term momentum for RED CAT HOLDINGS INC (RCAT) is neutral.