RECTITUDE HOLDINGS LTD (RECT) Stock Technical Analysis
NASDAQ:RECT - Nasdaq - KYG7445R1011 - Common Stock - Currency: USD
Taking everything into account, RECT scores 4 out of 10 in our technical rating. RECT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than RECT.
RECT is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 92% are performing better than RECT.
Warning: RECT has an average volume of 10738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RECT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RECT is lagging the market.
In the last month RECT has a been trading in the 4.35 - 4.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RECT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 4.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.70, a Stop Loss order could be placed below this zone.
More info and screens
4.00
4.87
We found 3 important support areas.
- A support zone ranging from 4.62 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.46 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.04 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.77 to 4.82. 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 RECT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RECT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | RECT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RECT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RECT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RECT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.19 | NEUTRAL | The RSI value for RECT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RECT has a negative trend. |
| Stochastics (14,3) | 67.97 | NEUTRAL | The Stochastics value for RECT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for RECT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for RECT suggests a possible start of a new trend. |
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)
NASDAQ:RECT (6/17/2025, 12:55:00 PM)
4.77
+0.05 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.06%
1 Week-1.87%
2 Weeks-1.67%
1 Month-0.21%
3 Month18.59%
6 Month-24.6%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.46%
ATR Inc-0.94%
Range Today0.18
ADR(20)0.19
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.9
10 Day Low4.56
20 Day High4.9
20 Day Low4.35
52 Week High7.68
52 Week Low2.7
CS1 End4.7
CR1 Start4.75
Volume & EV
DER(3)-0.02%
DER(5)-2.95%
Volume2.02K
Volume Incr-39.39%
Vol(5)2.40K
Vol(50)10.74K