RESIDEO TECHNOLOGIES INC (REZI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:REZI • US76118Y1047
Overall REZI gets a technical rating of 2 out of 10. REZI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month REZI has a been trading in the 33.22 - 39.16 range, which is quite wide. It is currently trading near the lows of this range.
- REZI is part of the Building Products industry. There are 42 other stocks in this industry. REZI outperforms 85% of them.
- REZI has an average volume of 1445710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that REZI is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- 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.
- Volume is considerably higher in the last couple of days.
The technical rating of REZI is bad and it also does not present a quality setup 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
29.53
We found 3 important support areas.
- A support zone ranging from 33.17 to 33.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.80 from a trend line in the daily time frame.
- Support @29.83 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 34.32 to 34.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.37 to 36.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.89 to 38.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for REZI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REZI is down. |
| ChartMill Relative Strength | 78.11 | POSITIVE | REZI has a high relative strength, it outperformed 78.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REZI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of REZI is below 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) | 42.66 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests REZI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.93 | OVERSOLD | The low Stochastics value suggests REZI may be oversold. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for REZI suggests a weak or negative trend. |
34.26
+0.61 (+1.81%)
RESIDEO TECHNOLOGIES INC / REZI FAQ
Can you provide the ChartMill technical rating for RESIDEO TECHNOLOGIES INC?
ChartMill assigns a technical rating of 2 / 10 to REZI.
What is the trend direction for REZI stock?
The current trend direction for RESIDEO TECHNOLOGIES INC (REZI) is Bearish.
Can you provide the RSI signal for RESIDEO TECHNOLOGIES INC?
RESIDEO TECHNOLOGIES INC (REZI) has an RSI value of 42.6565. This indicates that the stock is currently neutral.
What is the MACD signal for RESIDEO TECHNOLOGIES INC (REZI) stock?
The MACD indicator for RESIDEO TECHNOLOGIES INC (REZI) has a value of -0.432789, indicating a bearish trend.
Can you provide the support and resistance levels for RESIDEO TECHNOLOGIES INC?
RESIDEO TECHNOLOGIES INC (REZI) has a support level at 33.33 and a resistance level at 34.32. Check the full technical report for our detailed analysis of REZI support and resistance levels.