RESIDEO TECHNOLOGIES INC (REZI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:REZI - US76118Y1047 - Common Stock
Taking everything into account, REZI scores 4 out of 10 in our technical rating. REZI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
REZI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.20. Right above this resistance zone may be a good entry point.
More info and screens
30.37
We found 4 important support areas.
- A support zone ranging from 35.19 to 35.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.56 to 34.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.63 from a trend line in the weekly time frame.
- Support @30.68 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.20 to 36.42. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for REZI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REZI is neutral. |
| ChartMill Relative Strength | 79.41 | POSITIVE | REZI has a high relative strength, it outperformed 79.41% 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) | 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) | 54.82 | NEUTRAL | The RSI value for REZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests REZI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.7 | NEUTRAL | The Stochastics value for REZI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for REZI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for REZI suggests a weak or negative trend. |
35.72
+1.12 (+3.24%)
RESIDEO TECHNOLOGIES INC / REZI FAQ
Can you provide the ChartMill technical rating for RESIDEO TECHNOLOGIES INC?
ChartMill assigns a technical rating of 4 / 10 to REZI.
What is the current trend direction of RESIDEO TECHNOLOGIES INC (REZI) stock?
The current trend direction for RESIDEO TECHNOLOGIES INC (REZI) is Bullish.
What is the RSI signal for REZI stock?
RESIDEO TECHNOLOGIES INC (REZI) has an RSI value of 54.8223. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RESIDEO TECHNOLOGIES INC?
The MACD indicator for RESIDEO TECHNOLOGIES INC (REZI) has a value of 0.355238, indicating a bearish trend.
What are the support and resistance levels for RESIDEO TECHNOLOGIES INC (REZI) stock?
RESIDEO TECHNOLOGIES INC (REZI) has a support level at 35.71 and a resistance level at 36.2. Check the full technical report for our detailed analysis of REZI support and resistance levels.