RESIDEO TECHNOLOGIES INC (REZI) Stock Technical Analysis
NYSE:REZI - New York Stock Exchange, Inc. - US76118Y1047 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to REZI. Both in the recent history as in the last year, REZI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
REZI is part of the Building Products industry. There are 41 other stocks in this industry. REZI outperforms 92% of them.
REZI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
REZI has an average volume of 1066240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, REZI did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
REZI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REZI is lagging the market.
Besides having an excellent technical rating, REZI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.56
24.32
We found 4 important support areas.
- A support zone ranging from 23.16 to 23.45. 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 21.06 to 21.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.54 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.95 to 24.08. This zone is formed by a combination of multiple trend lines in the daily 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 REZI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REZI is up. |
| ChartMill Relative Strength | 87.6 | POSITIVE | REZI has a high relative strength, it outperformed 87.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REZI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REZI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REZI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.4 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests REZI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests REZI may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.59 | POSITIVE | The high ADX value value for REZI suggests a strong 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)
23.73
-0.34 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.41%
1 Week-1.45%
2 Weeks6.36%
1 Month12.09%
3 Month53%
6 Month7.96%
12 Month15.53%
2 Year26.76%
3 Year5.42%
5 Year78.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.68%
ATR Inc-5.86%
Range Today0.32
ADR(20)0.6
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.6
Mansfield0.53
10 Day High24.62
10 Day Low21.81
20 Day High24.62
20 Day Low20.41
52 Week High28.28
52 Week Low14.18
CS1 End23.45
CR1 Start23.95
Volume & EV
DER(3)-1.46%
DER(5)-0.03%
Volume705.90K
Volume Incr-15.64%
Vol(5)1.00M
Vol(50)1.07M