ROGERS COMMUNICATIONS INC-B (RCI) Stock Technical Analysis
NYSE:RCI - CA7751092007 - Common Stock
35.51 USD
+0.09 (+0.24%)
35.51 USD
0 (0%)
We assign a technical rating of 8 out of 10 to RCI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RCI is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month RCI has a been trading in the 34.01 - 36.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RCI has an average volume of 1300530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, RCI turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
RCI is an average performer in the Wireless Telecommunication Services industry, it outperforms 44% of 21 stocks in the same industry.
RCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCI is lagging the market.
RCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.60
36.26
We found 1 important support area.
- A support zone ranging from 32.93 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.62 to 35.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 RCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCI is up. |
| ChartMill Relative Strength | 58.28 | NEUTRAL | RCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RCI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.28 | NEUTRAL | The RSI value for RCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RCI has a negative trend. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for RCI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for RCI suggests low volalility. |
| Average Directional Index/ADX (14) | 37.92 | POSITIVE | The high ADX value value for RCI 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)
35.51
+0.09 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.24%
1 Week-0.11%
2 Weeks0.03%
1 Month4.78%
3 Month28.43%
6 Month26.96%
12 Month-12.64%
2 Year-7.5%
3 Year-7.86%
5 Year-10.44%
10 Year2.99%
15 Year-5.13%
Volatility
ATR(14)0.51
ATR(20)%1.49%
ATR Inc58.05%
Range Today0.74
ADR(20)0.51
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.28
Mansfield0.35
10 Day High36.17
10 Day Low34.99
20 Day High36.17
20 Day Low34.01
52 Week High41.2
52 Week Low23.18
CS1 End34.04
CR1 Start35.62
Volume & EV
DER(3)2.07%
DER(5)-0.96%
Volume832.64K
Volume Incr-1.53%
Vol(5)891.43K
Vol(50)1.30M