RPC INC (RES) Stock Technical Analysis
USA - NYSE:RES - US7496601060 - Common Stock
4.34 USD
+0.01 (+0.23%)
4.34 USD
0 (0%)
Taking everything into account, RES scores 0 out of 10 in our technical rating. RES'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.
88% of all other stocks performed better in the past year than RES.
RES is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 76% are performing better than RES.
RES is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
RES is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
RES has an average volume of 1399610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RES has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
4.18
7.03
2 important support areas can be observed.
- Support @4.30 from a horizontal line in the daily time frame.
- A support zone ranging from 4.22 to 4.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.60 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.88 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.00 to 5.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.09 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 | DOWN | NEGATIVE | The short term trend for RES is down. |
| ChartMill Relative Strength | 12.44 | NEGATIVE | RES has a low relative strength, it was outperformed by 87.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RES is below 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) | 38.19 | NEUTRAL | The RSI value for RES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.71 | NEUTRAL | The Stochastics value for RES is a neutral value. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for RES suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for RES 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)
4.34
+0.01 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.23%
1 Week2.6%
2 Weeks-9.39%
1 Month-3.77%
3 Month-9.01%
6 Month-13.72%
12 Month-32.19%
2 Year-47.84%
3 Year-61.01%
5 Year82.35%
10 Year-60.65%
15 Year-55.63%
Volatility
ATR(14)0.18
ATR(20)%4.09%
ATR Inc-1.9%
Range Today0.16
ADR(20)0.17
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.44
Mansfield-2.58
10 Day High4.88
10 Day Low4.18
20 Day High4.96
20 Day Low4.18
52 Week High7.17
52 Week Low4.1
CS1 End4.3
CR1 Start4.6
Volume & EV
DER(3)6.97%
DER(5)4.35%
Volume1.59M
Volume Incr11.66%
Vol(5)1.41M
Vol(50)1.40M