ROCKY BRANDS INC (RCKY) Stock Technical Analysis
NASDAQ:RCKY - Nasdaq - US7745151008 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to RCKY. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RCKY is only an average performer.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, RCKY turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
RCKY is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 65% of 50 stocks in the same industry.
RCKY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCKY is lagging the market slightly.
In the last month RCKY has a been trading in the 22.34 - 30.90 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.
RCKY 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
12.39
25.33
We found 3 important support areas.
- Support @23.43 from a trend line in the daily time frame.
- A support zone ranging from 22.94 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.52 from a horizontal line in the weekly time frame.
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 RCKY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCKY is up. |
| ChartMill Relative Strength | 65.22 | NEUTRAL | RCKY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCKY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCKY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RCKY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.09 | NEUTRAL | The RSI value for RCKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests RCKY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.43 | NEUTRAL | The Stochastics value for RCKY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for RCKY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for RCKY 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)
25.08
-1.08 (-4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-4.13%
1 Week5.2%
2 Weeks9.23%
1 Month5.64%
3 Month32.49%
6 Month0.16%
12 Month-14.64%
2 Year41.14%
3 Year-4.02%
5 Year4.15%
10 Year37.42%
15 Year227.42%
Volatility
ATR(14)1.53
ATR(20)%5.31%
ATR Inc12.77%
Range Today1.33
ADR(20)1.14
ADR(20)%4.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.22
Mansfield0.08
10 Day High30.9
10 Day Low22.5
20 Day High30.9
20 Day Low22.34
52 Week High33.04
52 Week Low11.93
CS1 End23.43
CR1 StartN/A
Volume & EV
DER(3)-2.02%
DER(5)-2.65%
Volume90.26K
Volume Incr108.82%
Vol(5)113.00K
Vol(50)62.76K