ROWAN COMPANIES PLC (RDC) Technical Analysis
NYSE:RDC
Current stock price
RDC Technical Rating and Analysis
Overall RDC gets a technical rating of 0 out of 10. RDC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than RDC.
- RDC 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 RDC is lagging the market.
- In the last month RDC has a been trading in the 10.56 - 12.62 range, which is quite wide. It is currently trading near the lows of this range.
- RDC has an average volume of 2246770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
RDC Weekly and Daily overview Charts
RDC Setup Rating and Analysis
RDC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.78, a Stop Loss order could be placed below this zone.
More info and screens
RDC Support and Resistance Analysis
10.67
When analyzing the support we notice one important area.
- A support zone ranging from 10.78 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.99 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.37 to 11.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.32 from a horizontal line in the daily time frame.
RDC 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 | DOWN | NEGATIVE | The long term trend for RDC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDC is down. |
| ChartMill Relative Strength | 18.35 | NEGATIVE | RDC has a low relative strength, it was outperformed by 81.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.41 | NEUTRAL | The RSI value for RDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RDC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.03 | NEUTRAL | The Stochastics value for RDC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RDC suggests some volalility. |
RDC Chart- and CandleStick Pattern Analysis
RDC Technicals: Chart, Performance Metrics, Trend & Indicators
10.93
-0.08 (-0.73%)
ROWAN COMPANIES PLC / RDC TA FAQ
What is the ChartMill technical rating of ROWAN COMPANIES PLC (RDC) stock?
ChartMill assigns a technical rating of 0 / 10 to RDC.
Can you provide the trend direction for ROWAN COMPANIES PLC?
The current trend direction for ROWAN COMPANIES PLC (RDC) is Bearish.
What is the RSI signal for RDC stock?
ROWAN COMPANIES PLC (RDC) has an RSI value of 42.4124. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROWAN COMPANIES PLC?
The MACD indicator for ROWAN COMPANIES PLC (RDC) has a value of -0.0240054, indicating a bearish trend.
What is the buy/sell signal for RDC stock?
The buy/sell signal for ROWAN COMPANIES PLC (RDC) is sell as both the short term and long term trends are negative.