RPC INC (RES) Stock Technical Analysis
NYSE:RES - US7496601060 - Common Stock
4.77 USD
+0.04 (+0.85%)
4.75 USD
-0.02 (-0.42%)
Overall RES gets a technical rating of 2 out of 10. In the past year, RES was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RES is a bad performer in the overall market: 84% of all stocks are doing better.
RES is one of the lesser performing stocks in the Energy Equipment & Services industry. 61% of 61 stocks in the same industry do better.
RES is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RES has a been trading in the 4.32 - 4.81 range, which is quite wide. It is currently trading near the high of this range.
RES has an average volume of 1887790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
RES 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 very little resistance above the current price.
More info and screens
4.25
7.03
When analyzing the support we notice one important area.
- A support zone ranging from 4.29 to 4.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @4.86 from a trend line in the daily time frame.
- Resistance @5.04 from a trend line in the daily time frame.
- Resistance @5.19 from a horizontal line in the weekly time frame.
- Resistance @6.25 from a trend line in the weekly time frame.
- Resistance @6.96 from a horizontal line in the weekly 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 RES is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RES is up. |
| ChartMill Relative Strength | 16.81 | NEGATIVE | RES has a low relative strength, it was outperformed by 83.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RES is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.86 | NEUTRAL | The RSI value for RES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RES has a positive trend. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests RES may be overbought. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for RES suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for RES suggests a weak or negative 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)
4.77
+0.04 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.85%
1 Week0.21%
2 Weeks8.9%
1 Month6.71%
3 Month7.43%
6 Month-14.52%
12 Month-25.7%
2 Year-40.3%
3 Year-40%
5 Year52.4%
10 Year-58.95%
15 Year-34.2%
Volatility
ATR(14)0.15
ATR(20)%3.22%
ATR Inc-35.47%
Range Today0.09
ADR(20)0.15
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.81
Mansfield-2.13
10 Day High4.81
10 Day Low4.32
20 Day High4.81
20 Day Low4.32
52 Week High7.22
52 Week Low4.1
CS1 End4.31
CR1 Start4.86
Volume & EV
DER(3)-1.01%
DER(5)1.3%
Volume797.70K
Volume Incr-42.38%
Vol(5)1.10M
Vol(50)1.89M