ROCKY BRANDS INC (RCKY) Technical Analysis
NASDAQ:RCKY • US7745151008
Current stock price
RCKY Technical Rating and Analysis
Overall RCKY gets a technical rating of 8 out of 10. In the last year, RCKY was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month RCKY has a been trading in the 37.37 - 46.19 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, RCKY did better than 95% of all other stocks. We also observe that the gains produced by RCKY over the past year are nicely spread over this period.
- RCKY is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 93% of 45 stocks in the same industry.
- RCKY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RCKY is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RCKY Weekly and Daily overview Charts
RCKY Setup Rating and Analysis
Although RCKY has an excellent technical rating, the quality of the presented setup is not ideal 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
RCKY Support and Resistance Analysis
27.91
We found 6 important support areas.
- A support zone ranging from 37.48 to 37.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.66 from a trend line in the daily time frame.
- Support @33.80 from a trend line in the weekly time frame.
- Support @32.00 from a trend line in the daily time frame.
- A support zone ranging from 30.62 to 30.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.19 from a horizontal line in the daily time frame.
RCKY 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RCKY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCKY is down. |
| ChartMill Relative Strength | 95.39 | POSITIVE | RCKY has a high relative strength, it outperformed 95.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCKY is below a declining 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) | UP | POSITIVE | The current price of RCKY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.46 | NEUTRAL | The RSI value for RCKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests RCKY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.58 | OVERSOLD | The low Stochastics value suggests RCKY may be oversold. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for RCKY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for RCKY suggests a possible start of a new trend. |
RCKY Chart- and CandleStick Pattern Analysis
RCKY Technicals: Chart, Performance Metrics, Trend & Indicators
37.91
-0.29 (-0.76%)
ROCKY BRANDS INC / RCKY TA FAQ
What is the technical rating for RCKY stock?
ChartMill assigns a technical rating of 8 / 10 to RCKY.
What is the current trend direction of ROCKY BRANDS INC (RCKY) stock?
The current trend direction for ROCKY BRANDS INC (RCKY) is Bullish.
What is the RSI signal for ROCKY BRANDS INC (RCKY) stock?
ROCKY BRANDS INC (RCKY) has an RSI value of 40.4626. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROCKY BRANDS INC?
The MACD indicator for ROCKY BRANDS INC (RCKY) has a value of -0.918239, indicating a bearish trend.
Can you provide the support and resistance levels for ROCKY BRANDS INC?
ROCKY BRANDS INC (RCKY) has a support level at 37.9. Check the full technical report for our detailed analysis of RCKY support and resistance levels.