ROGERS COMMUNICATIONS INC-B (RCI) Stock Technical Analysis
USA - NYSE:RCI - CA7751092007 - Common Stock
Taking everything into account, RCI scores 8 out of 10 in our technical rating. 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.
Although RCI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 35.95 to 36.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.46 to 35.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.75 to 39.75. This zone is formed by a combination of multiple trend lines 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 | 69 | 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) | UP | POSITIVE | The current price of RCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.03 | OVERBOUGHT | The high RSI value suggests RCI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests RCI has a positive trend. |
| Stochastics (14,3) | 98.72 | OVERBOUGHT | The high Stochastics value suggests RCI may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for RCI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for RCI suggests a possible start of a new trend. |
39.74
+0.4 (+1.02%)
ROGERS COMMUNICATIONS INC-B / RCI FAQ
What is the technical rating for RCI stock?
ChartMill assigns a technical rating of 8 / 10 to RCI.
Can you provide the trend direction for ROGERS COMMUNICATIONS INC-B?
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 77.0315. This indicates that the stock is currently overbought.
What is the buy/sell signal for ROGERS COMMUNICATIONS INC-B (RCI) stock?
The buy/sell signal for ROGERS COMMUNICATIONS INC-B (RCI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ROGERS COMMUNICATIONS INC-B (RCI) stock?
ROGERS COMMUNICATIONS INC-B (RCI) has a support level at 36.6 and a resistance level at 39.75. Check the full technical report for our detailed analysis of RCI support and resistance levels.