RENT-A-CENTER INC (RCII) Stock Technical Analysis
NASDAQ:RCII - Nasdaq - US76009N1000 - Common Stock - Currency: USD
Overall RCII gets a technical rating of 7 out of 10. RCII has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
RCII is part of the Specialty Retail industry. There are 121 other stocks in this industry. RCII outperforms 73% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that RCII is one of the better performing stocks in the market, outperforming 80% of all 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.
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.
More info and screens
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.
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 | NEUTRAL | NEUTRAL | The long term trend for RCII is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCII is neutral. |
| ChartMill Relative Strength | 80.7 | POSITIVE | RCII has a high relative strength, it outperformed 80.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RCII is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RCII is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for RCII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RCII has a negative trend. |
| Stochastics (14,3) | 44.3 | NEUTRAL | The Stochastics value for RCII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for RCII suggests high volalility. |
| Average Directional Index/ADX (14) | 24.17 | NEUTRAL | The ADX value for RCII suggests a possible start of a new 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)
26.78
-0.03 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
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
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