RESIDEO TECHNOLOGIES INC (REZI) Stock Technical Analysis
NYSE:REZI - New York Stock Exchange, Inc. - US76118Y1047 - Common Stock - Currency: USD
Taking everything into account, REZI scores 8 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.
The long and short term trends are both positive. This is looking good!
REZI is one of the better performing stocks in the Building Products industry, it outperforms 80% of 42 stocks in the same industry.
In the last month REZI has a been trading in the 19.65 - 21.70 range, which is quite wide. It is currently trading near the high of this range.
REZI has an average volume of 1102680 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 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
REZI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so REZI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, REZI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.48. Right above this resistance zone may be a good entry point.
More info and screens
15.49
22.32
2 important support areas can be observed.
- A support zone ranging from 19.71 to 19.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.48 to 21.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.10 from a horizontal line 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 | 81.5 | POSITIVE | REZI has a high relative strength, it outperformed 81.5% 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) | 67.93 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests REZI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.36 | OVERBOUGHT | The high Stochastics value suggests REZI may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.26 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.52 | 20.05 | 1.47 (6.83%) | 14.64% |
| An entry @21.52. This is a Buy Stop order right above the resistance zone. | An exit @20.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.47 points, which is 6.83%. | When investing 14.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.47
+0.31 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.47%
1 Week4.27%
2 Weeks7.94%
1 Month8.43%
3 Month23.11%
6 Month-18.02%
12 Month10.05%
2 Year21.57%
3 Year10.56%
5 Year83.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.56%
ATR Inc0.72%
Range Today0.43
ADR(20)0.45
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.5
Mansfield-0.07
10 Day High21.67
10 Day Low20.06
20 Day High21.7
20 Day Low19.65
52 Week High28.28
52 Week Low14.18
CS1 End19.89
CR1 Start21.48
Volume & EV
DER(3)-0.84%
DER(5)0.31%
Volume897.25K
Volume Incr-33.08%
Vol(5)666.97K
Vol(50)1.10M