RCM TECHNOLOGIES INC (RCMT)

US7493604000 - Common Stock

19.1  +0.15 (+0.79%)

Technical Rating and Analysis

1

Overall RCMT gets a technical rating of 1 out of 10. RCMT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
RCMT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
RCMT is part of the Professional Services industry. There are 81 other stocks in this industry. RCMT outperforms 71% of them.
Looking at the yearly performance, RCMT did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
RCMT 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 RCMT is lagging the market slightly.
Weekly and Daily overview Charts
RCMT Weekly chart
RCMT Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, RCMT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.03, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.52

26.59

When analyzing the support we notice one important area.

  • A support zone ranging from 18.71 to 19.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 19.11 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @26.33 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.32
Mansfield-2.03
10 Day High19.51
10 Day Low18.61
20 Day High20.88
20 Day Low18.61
52 Week High32.15
52 Week Low11.49
Performance
1 Week-0.16%
2 Weeks2.08%
1 Month-7.68%
3 Month-29.55%
6 Month-3.09%
12 Month56.69%
2 Year-13.1%
3 Year402.63%
5 Year478.79%
10 Year197.51%
15 Year1043.71%
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)31.61
LBB18.73
UBB19.37
RCMT Daily chart

RCM TECHNOLOGIES INC

NASDAQ:RCMT (5/1/2024, 7:19:07 PM)

19.1

+0.15 (+0.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.79%
1 Week-0.16%
2 Weeks2.08%
1 Month-7.68%
3 Month-29.55%
6 Month-3.09%
12 Month56.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%2.86%
ATR Inc
Range Today0.69
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.51
10 Day Low18.61
20 Day High20.88
20 Day Low18.61
52 Week High32.15
52 Week Low11.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume79.00K
Volume Incr-21.1%
Vol(5)66.35K
Vol(50)95.68K