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RENT-A-CENTER INC (RCII) Stock Technical Analysis

USA - Nasdaq - NASDAQ:RCII - US76009N1000 - Common Stock

26.78 USD
-0.03 (-0.11%)
Last: 2/24/2023, 8:00:01 PM
26.09 USD
-0.69 (-2.58%)
After Hours: 2/24/2023, 8:00:01 PM
Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to RCII. In the last year, RCII was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

RCII is part of the Specialty Retail industry. There are 122 other stocks in this industry. RCII outperforms 80% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, RCII did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RCII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCII is lagging the market.
In the last month RCII has a been trading in the 23.54 - 30.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RENT-A-CENTER INC / RCII Weekly stock chart
RENT-A-CENTER INC / RCII Daily stock chart
Setup Rating and Analysis

5

RCII has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

24.68

30.29

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 26.04 to 26.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 24.93 to 25.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @28.29 from a trend line in the weekly time frame.
  • A resistance zone ranging from 29.71 to 29.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for RCII is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for RCII is neutral.
ChartMill Relative Strength80.7POSITIVERCII has a high relative strength, it outperformed 80.7% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of RCII is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RCII is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of RCII is above a declining SMA(200).
Relative Strength Index/RSI (14)49.61NEUTRALThe RSI value for RCII is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.32NEGATIVEThe MACD value suggests RCII has a negative trend.
Stochastics (14,3)44.3NEUTRALThe Stochastics value for RCII is a neutral value.
Average True Range in percent/ATR (20)5.38HIGH VOLATILITYThe high ATR as a percentage value for RCII suggests high volalility.
Average Directional Index/ADX (14)24.17NEUTRALThe ADX value for RCII suggests a possible start of a new trend.
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)
RENT-A-CENTER INC / RCII Daily stock chart

RENT-A-CENTER INC

NASDAQ:RCII (2/24/2023, 8:00:01 PM)

After market: 26.09 -0.69 (-2.58%)

26.78

-0.03 (-0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySpecialty Retail
Performance
% Chg-0.11%
1 Week-5.3%
2 Weeks-2.48%
1 Month4.53%
3 Month19.87%
6 Month-1%
12 Month-8.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%5.38%
ATR Inc123.76%
Range Today1.92
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.7
3 months CRSN/A
6 months CRSN/A
Mansfield1.17
10 Day High28.85
10 Day Low23.54
20 Day High30
20 Day Low23.54
52 Week High31.91
52 Week Low16.82
CS1 End26.26
CR1 Start28.29
Volume & EV
DER(3)2.63%
DER(5)1.28%
Volume866.30K
Volume Incr69.16%
Vol(5)782.12K
Vol(50)577.15K

RENT-A-CENTER INC / RCII FAQ

What is the technical rating for RCII stock?

ChartMill assigns a technical rating of 6 / 10 to RCII.


What is the trend direction for RCII stock?

The current trend direction for RENT-A-CENTER INC (RCII) is Bearish.


Can you provide the RSI signal for RENT-A-CENTER INC?

RENT-A-CENTER INC (RCII) has an RSI value of 49.6099. This indicates that the stock is currently neutral.


What is the MACD signal for RCII stock?

The MACD indicator for RENT-A-CENTER INC (RCII) has a value of -0.317206, indicating a bearish trend.


What is the short term momentum for RENT-A-CENTER INC (RCII) stock?

The short term momentum for RENT-A-CENTER INC (RCII) is neutral.