RCM TECHNOLOGIES INC (RCMT) Stock Technical Analysis
NASDAQ:RCMT - Nasdaq - US7493604000 - Common Stock - Currency: USD
Taking everything into account, RCMT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RCMT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
RCMT is one of the better performing stocks in the Professional Services industry, it outperforms 74% of 82 stocks in the same industry.
RCMT 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 RCMT is performing more or less in line with the market.
RCMT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, RCMT did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although RCMT 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
18.18
24.25
We found 2 important support areas.
- A support zone ranging from 22.22 to 22.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.36 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.17 to 23.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @24.01 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield1.11
10 Day High23.72
10 Day Low19.25
20 Day High23.72
20 Day Low16.51
52 Week High26.37
52 Week Low13.18
Performance
1 Week-2.73%
2 Weeks25.26%
1 Month34.01%
3 Month18.4%
6 Month4.37%
12 Month3.84%
2 Year38.56%
3 Year2.18%
5 Year1576.12%
10 Year296.82%
15 Year517.03%
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)0.3
RSI(14)69.3
LBB16.4
UBB25.41
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.31 | 22.21 | 1.10 (4.72%) | 21.19% |
| An entry @23.31. This is a Buy Stop order right above the resistance zone. | An exit @22.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.10 points, which is 4.72%. | For a 1.00% total portfolio risk, you can invest 21.19% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RCMT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.46
-0.26 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.14%
1 Week-2.73%
2 Weeks25.26%
1 Month34.01%
3 Month18.4%
6 Month4.37%
12 Month3.84%
2 Year38.56%
3 Year2.18%
5 Year1576.12%
10 Year296.82%
15 Year517.03%
Volatility
ATR(14)1.15
ATR(20)%4.53%
ATR Inc-27.03%
Range Today0.96
ADR(20)0.9
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield1.11
10 Day High23.72
10 Day Low19.25
20 Day High23.72
20 Day Low16.51
52 Week High26.37
52 Week Low13.18
CS1 End22.45
CR1 Start23.17
Volume & EV
DER(3)2.34%
DER(5)4.29%
Volume26.50K
Volume Incr17.85%
Vol(5)36.80K
Vol(50)42.12K