ROGERS COMMUNICATIONS INC-B (RCI) Stock Technical Analysis
NYSE:RCI • CA7751092007
Overall RCI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RCI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RCI is one of the better performing stocks in the market, outperforming 83% of all stocks.
- A new 52 week high is currently being made by RCI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month RCI has a been trading in the 35.99 - 41.14 range, which is quite wide. It is currently trading near the high of this range.
- RCI has an average volume of 1036360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RCI is an average performer in the Wireless Telecommunication Services industry, it outperforms 66% of 22 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
35.08
2 important support areas can be observed.
- A support zone ranging from 36.60 to 37.44. This zone is formed by a combination of multiple trend lines and important moving averages 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 one important area.
- A resistance zone ranging from 40.98 to 40.98. 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 | 83.05 | POSITIVE | RCI has a high relative strength, it outperformed 83.05% off all stocks 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) | 71.89 | OVERBOUGHT | The high RSI value suggests RCI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests RCI has a positive trend. |
| Stochastics (14,3) | 92.8 | OVERBOUGHT | The high Stochastics value suggests RCI may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for RCI suggests low volalility. |
| Average Directional Index/ADX (14) | 28 | POSITIVE | The high ADX value value for RCI suggests a strong trend. |
40.97
+1.04 (+2.6%)
ROGERS COMMUNICATIONS INC-B / RCI FAQ
What is the technical rating for RCI stock?
ChartMill assigns a technical rating of 10 / 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 71.8931. This indicates that the stock is currently overbought.
What is the short term momentum for RCI stock?
The short term momentum for ROGERS COMMUNICATIONS INC-B (RCI) is positive.
Can you provide the buy/sell signal for ROGERS COMMUNICATIONS INC-B?
The buy/sell signal for ROGERS COMMUNICATIONS INC-B (RCI) is buy as both the short term and long term trends are positive.