RPC INC (RES) Stock Technical Analysis
USA - NYSE:RES - US7496601060 - Common Stock
4.51 USD
-0.1 (-2.17%)
4.509 USD
0 (-0.02%)
We assign a technical rating of 1 out of 10 to RES. RES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% 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 68% are performing better than RES.
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 4.46 - 4.83 range, which is quite wide. It is currently trading near the lows of this range.
RES has an average volume of 1761610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, RES does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.44, a Stop Loss order could be placed below this zone.
More info and screens
4.25
7.03
We found 2 important support areas.
- Support @4.44 from a horizontal line in the daily time frame.
- A support zone ranging from 4.29 to 4.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.58 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.78 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.91 from a trend line in the daily time frame.
- Resistance @6.18 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 | 9.33 | NEGATIVE | RES has a low relative strength, it was outperformed by 90.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RES is below the rising 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) | 44.77 | NEUTRAL | The RSI value for RES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RES has a negative trend. |
| Stochastics (14,3) | 27.03 | NEUTRAL | The Stochastics value for RES is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for RES suggests some volalility. |
| Average Directional Index/ADX (14) | 12.06 | 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)
4.51
-0.1 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.17%
1 Week0.89%
2 Weeks-4.65%
1 Month1.12%
3 Month-12.26%
6 Month-17.7%
12 Month-31.35%
2 Year-49.55%
3 Year-34.92%
5 Year70.83%
10 Year-49.04%
15 Year-52.04%
Volatility
ATR(14)0.17
ATR(20)%3.62%
ATR Inc-22.06%
Range Today0.1
ADR(20)0.16
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.33
Mansfield-2.59
10 Day High4.81
10 Day Low4.46
20 Day High4.83
20 Day Low4.46
52 Week High7.22
52 Week Low4.1
CS1 End4.44
CR1 Start4.58
Volume & EV
DER(3)2.35%
DER(5)1.41%
Volume3.27M
Volume Incr15.29%
Vol(5)1.58M
Vol(50)1.76M