ROSECLIFF ACQUISITION CORP-A (RCLF) Technical Analysis
NASDAQ:RCLF • US77732R1032
Current stock price
RCLF Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to RCLF. RCLF 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.
- RCLF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCLF is lagging the market.
- In the last month RCLF has a been trading in the 8.96 - 19.50 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that RCLF is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by RCLF over the past year are nicely spread over this period.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
RCLF Weekly and Daily overview Charts
RCLF Setup Rating and Analysis
RCLF 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
RCLF Support and Resistance Analysis
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.
We found 1 important resistance area.
- Resistance @12.22 from a horizontal line in the weekly time frame.
RCLF 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 | 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. |
RCLF Chart- and CandleStick Pattern Analysis
RCLF Technicals: Chart, Performance Metrics, Trend & Indicators
11.57
-0.64 (-5.24%)
ROSECLIFF ACQUISITION CORP-A / RCLF TA FAQ
Can you provide the ChartMill technical rating for ROSECLIFF ACQUISITION CORP-A?
ChartMill assigns a technical rating of 8 / 10 to RCLF.
Can you provide the trend direction for ROSECLIFF ACQUISITION CORP-A?
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 MACD signal for ROSECLIFF ACQUISITION CORP-A (RCLF) stock?
The MACD indicator for ROSECLIFF ACQUISITION CORP-A (RCLF) has a value of 0.137133, indicating a bearish trend.