RPC INC (RES) Stock Technical Analysis
USA - NYSE:RES - US7496601060 - Common Stock
We assign a technical rating of 8 out of 10 to RES. Although RES is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, RES also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
4.26
We found 2 important support areas.
- A support zone ranging from 5.37 to 5.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.30 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.43 to 5.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.69 to 5.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.99 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 | UP | POSITIVE | The long term trend for RES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RES is up. |
| ChartMill Relative Strength | 68.76 | NEUTRAL | RES is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of RES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RES is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.55 | NEUTRAL | The RSI value for RES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.09 | NEUTRAL | The Stochastics value for RES is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for RES suggests some volalility. |
| Average Directional Index/ADX (14) | 37.7 | POSITIVE | The high ADX value value for RES suggests a strong trend. |
5.38
-0.12 (-2.18%)
RPC INC / RES FAQ
What is the technical rating for RES stock?
ChartMill assigns a technical rating of 8 / 10 to RES.
What is the current trend direction of RPC INC (RES) stock?
The current trend direction for RPC INC (RES) is Bullish.
Can you provide the RSI signal for RPC INC?
RPC INC (RES) has an RSI value of 59.5452. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RPC INC?
The MACD indicator for RPC INC (RES) has a value of 0.0284782, indicating a bearish trend.
Can you provide the support and resistance levels for RPC INC?
RPC INC (RES) has a support level at 5.37 and a resistance level at 5.43. Check the full technical report for our detailed analysis of RES support and resistance levels.