RESIDEO TECHNOLOGIES INC (REZI) Technical Analysis
NYSE:REZI • US76118Y1047
Taking everything into account, REZI scores 9 out of 10 in our technical rating. In the last year, REZI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, REZI did better than 92% of all other stocks.
- REZI is part of the Building Products industry. There are 42 other stocks in this industry. REZI outperforms 95% of them.
- REZI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REZI is lagging the market slightly.
- REZI has an average volume of 1358880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month REZI has a been trading in the 34.02 - 42.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although REZI has an excellent technical rating, the quality of the presented setup is not ideal 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
33.00
We found 3 important support areas.
- A support zone ranging from 36.27 to 36.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.25 from a trend line in the daily time frame.
- A support zone ranging from 33.33 to 34.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @38.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 40.64 to 40.87. 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 | 92.55 | POSITIVE | REZI has a high relative strength, it outperformed 92.55% 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) | 51.72 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests REZI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.27 | NEUTRAL | The Stochastics value for REZI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for REZI suggests a weak or negative trend. |
REZI Technicals: Chart, Performance Metrics, Trend & Indicators
37.26
-0.02 (-0.05%)
RESIDEO TECHNOLOGIES INC / REZI FAQ
Can you provide the ChartMill technical rating for RESIDEO TECHNOLOGIES INC?
ChartMill assigns a technical rating of 9 / 10 to REZI.
What is the trend direction for REZI stock?
The current trend direction for RESIDEO TECHNOLOGIES INC (REZI) is Bullish.
Can you provide the RSI signal for RESIDEO TECHNOLOGIES INC?
RESIDEO TECHNOLOGIES INC (REZI) has an RSI value of 51.7197. 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 0.107059, 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 36.81 and a resistance level at 38.71. Check the full technical report for our detailed analysis of REZI support and resistance levels.