We assign a technical rating of 0 out of 10 to RCT. RCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RCT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.31, a Stop Loss order could be placed below this zone.
More info and screens
1.30
When analyzing the support we notice one important area.
- A support zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.41 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.50 from a trend line in the daily time frame.
- A resistance zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.09 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 | DOWN | NEGATIVE | The long term trend for RCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RCT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for RCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RCT has a negative trend. |
| Stochastics (14,3) | 19.54 | OVERSOLD | The low Stochastics value suggests RCT may be oversold. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for RCT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.36 | NEGATIVE | The low ADX value for RCT suggests a weak or negative trend. |
1.32
-0.09 (-6.38%)
REDCLOUD HOLDINGS PLC / RCT FAQ
What is the ChartMill technical rating of REDCLOUD HOLDINGS PLC (RCT) stock?
ChartMill assigns a technical rating of 0 / 10 to RCT.
What is the trend direction for RCT stock?
The current trend direction for REDCLOUD HOLDINGS PLC (RCT) is Bearish.
What is the RSI signal for REDCLOUD HOLDINGS PLC (RCT) stock?
REDCLOUD HOLDINGS PLC (RCT) has an RSI value of 38.8071. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REDCLOUD HOLDINGS PLC?
The MACD indicator for REDCLOUD HOLDINGS PLC (RCT) has a value of -0.00227495, indicating a bearish trend.
What is the buy/sell signal for RCT stock?
The buy/sell signal for REDCLOUD HOLDINGS PLC (RCT) is sell as both the short term and long term trends are negative.