ROCKY BRANDS INC (RCKY) Stock Technical Analysis
NASDAQ:RCKY - Nasdaq - US7745151008 - Common Stock - Currency: USD
Taking everything into account, RCKY scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RCKY was also a bad performer in the overall market in the last year.
79% of all other stocks performed better in the past year than RCKY.
In the last month RCKY has a been trading in the 20.27 - 23.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RCKY is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, RCKY did better than 55% of them.
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.
RCKY has an average technical rating and it also does not offer a high quality setup 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
24.29
We found 2 important support areas.
- A support zone ranging from 21.53 to 21.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.52 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.24 to 23.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.05 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for RCKY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCKY is neutral. |
| ChartMill Relative Strength | 21.55 | NEGATIVE | RCKY has a low relative strength, it was outperformed by 78.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RCKY is below 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 | NEGATIVE | The current price of RCKY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for RCKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests RCKY has a negative trend. |
| Stochastics (14,3) | 42.41 | NEUTRAL | The Stochastics value for RCKY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for RCKY suggests some volalility. |
| Average Directional Index/ADX (14) | 42.8 | POSITIVE | The high ADX value value for RCKY suggests a strong 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)
21.54
-0.17 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.78%
1 Week-7.51%
2 Weeks-5.32%
1 Month3.11%
3 Month16.75%
6 Month-9.91%
12 Month-38.25%
2 Year2.57%
3 Year-36.98%
5 Year4.77%
10 Year15.19%
15 Year237.09%
Volatility
ATR(14)0.81
ATR(20)%3.74%
ATR Inc1.63%
Range Today0.64
ADR(20)0.78
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.55
Mansfield-1.7
10 Day High23.81
10 Day Low20.99
20 Day High23.81
20 Day Low20.27
52 Week High38.31
52 Week Low11.93
CS1 End21.53
CR1 Start23.24
Volume & EV
DER(3)4.36%
DER(5)2.32%
Volume57.30K
Volume Incr-10.72%
Vol(5)59.04K
Vol(50)89.32K