RESIDEO TECHNOLOGIES INC (REZI) Technical Analysis
NYSE:REZI • US76118Y1047
Current stock price
REZI Technical Rating and Analysis
Overall REZI gets a technical rating of 5 out of 10. Although REZI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, REZI did better than 91% of all other stocks. We also observe that the gains produced by REZI over the past year are nicely spread over this period.
- REZI is one of the better performing stocks in the Building Products industry, it outperforms 95% of 42 stocks in the same industry.
- In the last month REZI has a been trading in the 32.18 - 36.06 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- REZI has an average volume of 1335810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
REZI Weekly and Daily overview Charts
REZI Setup Rating and Analysis
Although the technical rating is only medium, REZI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 34.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.57, a Stop Loss order could be placed below this zone.
More info and screens
REZI Support and Resistance Analysis
32.29
When analyzing the support we can see 2 important areas.
- Support @33.57 from a horizontal line in the daily time frame.
- A support zone ranging from 32.62 to 32.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 34.90 to 35.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.09 from a trend line in the weekly time frame.
- Resistance @38.71 from a horizontal line in the weekly time frame.
- Resistance @39.72 from a trend line in the daily time frame.
REZI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for REZI is neutral. |
| ChartMill Relative Strength | 91.22 | POSITIVE | REZI has a high relative strength, it outperformed 91.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REZI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REZI is below a declining 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) | 49.63 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests REZI has a positive trend. |
| Stochastics (14,3) | 53.02 | NEUTRAL | The Stochastics value for REZI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for REZI suggests a possible start of a new trend. |
REZI Chart- and CandleStick Pattern Analysis
REZI Technicals: Chart, Performance Metrics, Trend & Indicators
34.64
+0.19 (+0.55%)
RESIDEO TECHNOLOGIES INC / REZI TA FAQ
Can you provide the ChartMill technical rating for RESIDEO TECHNOLOGIES INC?
ChartMill assigns a technical rating of 5 / 10 to REZI.
What is the trend direction for REZI stock?
The current trend direction for RESIDEO TECHNOLOGIES INC (REZI) is Bearish.
What is the RSI signal for RESIDEO TECHNOLOGIES INC (REZI) stock?
RESIDEO TECHNOLOGIES INC (REZI) has an RSI value of 49.6305. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RESIDEO TECHNOLOGIES INC?
RESIDEO TECHNOLOGIES INC (REZI) has a support level at 33.57 and a resistance level at 34.9. Check the full technical report for our detailed analysis of REZI support and resistance levels.