REDCLOUD HOLDINGS PLC (RCT) Stock Technical Analysis
USA - NASDAQ:RCT - GB00BMCD0001 - Common Stock
Taking everything into account, RCT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RCT is a bad performer.
Although RCT has an excellent technical rating, it does not offer a high quality setup 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.
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2.08
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.11 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for RCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCT is up. |
| 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) | UP | POSITIVE | The current price of RCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.28 | NEUTRAL | The RSI value for RCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RCT has a positive trend. |
| Stochastics (14,3) | 80.72 | OVERBOUGHT | The high Stochastics value suggests RCT may be overbought. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for RCT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for RCT suggests a strong trend. |
2.1
+0.05 (+2.44%)
REDCLOUD HOLDINGS PLC / RCT FAQ
What is the ChartMill technical rating of REDCLOUD HOLDINGS PLC (RCT) stock?
ChartMill assigns a technical rating of 7 / 10 to RCT.
What is the current trend direction of REDCLOUD HOLDINGS PLC (RCT) stock?
The current trend direction for REDCLOUD HOLDINGS PLC (RCT) is Bullish.
What is the RSI signal for REDCLOUD HOLDINGS PLC (RCT) stock?
REDCLOUD HOLDINGS PLC (RCT) has an RSI value of 64.2769. This indicates that the stock is currently neutral.
What is the buy/sell signal for RCT stock?
The buy/sell signal for REDCLOUD HOLDINGS PLC (RCT) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for REDCLOUD HOLDINGS PLC?
REDCLOUD HOLDINGS PLC (RCT) has a resistance level at 2.11. Check the full technical report for our detailed analysis of RCT support and resistance levels.