ROGERS COMMUNICATIONS INC-B (RCI) Technical Analysis
NYSE:RCI • CA7751092007
Current stock price
38.49 USD
-0.44 (-1.13%)
At close:
38.49 USD
0 (0%)
After Hours:
RCI Technical Rating and Analysis
Overall RCI gets a technical rating of 7 out of 10. RCI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month RCI has a been trading in the 38.02 - 41.14 range, which is quite wide. It is currently trading near the lows of this range.
- 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, RCI did better than 84% of all other stocks. On top of that, RCI also shows a nice and consistent pattern of rising prices.
- RCI is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 71% of 22 stocks in the same industry.
- RCI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RCI is performing more or less in line with the market.
- RCI has an average volume of 1124600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RCI Weekly and Daily overview Charts
RCI Setup Rating and Analysis
RCI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
RCI Support and Resistance Analysis
35.08
41.39
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.60 to 36.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 35.43 to 35.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.54 to 39.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 40.24 to 40.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
RCI 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 RCI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCI is neutral. |
| ChartMill Relative Strength | 84.42 | POSITIVE | RCI has a high relative strength, it outperformed 84.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCI is below a declining 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) | UP | POSITIVE | The current price of RCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.08 | NEUTRAL | The RSI value for RCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RCI has a negative trend. |
| Stochastics (14,3) | 29.4 | NEUTRAL | The Stochastics value for RCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for RCI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for RCI suggests a weak or negative trend. |
RCI 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)
RCI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.43 | 38.01 | 1.42 (3.60%) | 25.00% |
| An entry @39.43. This is a Buy Stop order right above the resistance zone. | An exit @38.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.42 points, which is 3.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RCI Technicals: Chart, Performance Metrics, Trend & Indicators
38.49
-0.44 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.13%
1 Week0.81%
2 Weeks-0.59%
1 Month-3.61%
3 Month2.89%
6 Month7.94%
12 Month41.09%
2 Year-6.12%
3 Year-16.98%
5 Year-16.51%
10 Year-3.82%
15 Year5.74%
Volatility
ATR(14)0.73
ATR(20)%2.12%
ATR Inc-26.81%
Range Today0.65
ADR(20)0.77
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.42
3 months CRS79.69
6 months CRS80.2
Mansfield1.46
10 Day High39.7
10 Day Low38.02
20 Day High41.14
20 Day Low38.02
52 Week High41.14
52 Week Low23.18
CS1 End36.62
CR1 Start38.54
Volume & EV
DER(3)0.13%
DER(5)2.37%
Volume1.23M
Volume Incr39.52%
Vol(5)1.43M
Vol(50)1.12M
ROGERS COMMUNICATIONS INC-B / RCI TA FAQ
What is the technical rating for RCI stock?
ChartMill assigns a technical rating of 7 / 10 to RCI.
What is the trend direction for RCI stock?
The current trend direction for ROGERS COMMUNICATIONS INC-B (RCI) is Bullish.
What is the RSI signal for RCI stock?
ROGERS COMMUNICATIONS INC-B (RCI) has an RSI value of 46.0795. This indicates that the stock is currently neutral.
What is the short term momentum for RCI stock?
The short term momentum for ROGERS COMMUNICATIONS INC-B (RCI) is neutral.