We assign a technical rating of 9 out of 10 to RCLF. In the last year, RCLF 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.
Although RCLF 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
9.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.05 to 11.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.84 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.22 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 | NEUTRAL | NEUTRAL | The long term trend for RCLF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCLF is neutral. |
| ChartMill Relative Strength | 83.92 | POSITIVE | RCLF has a high relative strength, it outperformed 83.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCLF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCLF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RCLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for RCLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests RCLF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.83 | NEUTRAL | The Stochastics value for RCLF is a neutral value. |
| Average True Range in percent/ATR (20) | 11.78 | HIGH VOLATILITY | The high ATR as a percentage value for RCLF suggests high volalility. |
| Average Directional Index/ADX (14) | 48.09 | POSITIVE | The high ADX value value for RCLF suggests a strong trend. |
11.57
-0.64 (-5.24%)
ROSECLIFF ACQUISITION CORP-A / RCLF FAQ
Can you provide the ChartMill technical rating for ROSECLIFF ACQUISITION CORP-A?
ChartMill assigns a technical rating of 8 / 10 to RCLF.
What is the current trend direction of ROSECLIFF ACQUISITION CORP-A (RCLF) stock?
The current trend direction for ROSECLIFF ACQUISITION CORP-A (RCLF) is Bearish.
What is the RSI signal for RCLF stock?
ROSECLIFF ACQUISITION CORP-A (RCLF) has an RSI value of 52.5519. This indicates that the stock is currently neutral.
What is the short term momentum for ROSECLIFF ACQUISITION CORP-A (RCLF) stock?
The short term momentum for ROSECLIFF ACQUISITION CORP-A (RCLF) is neutral.
What is the support and resistance level for RCLF stock?
ROSECLIFF ACQUISITION CORP-A (RCLF) has a support level at 11.23 and a resistance level at 12.22. Check the full technical report for our detailed analysis of RCLF support and resistance levels.