REGIONS FINANCIAL CORP (RF) Technical Analysis
NYSE:RF • US7591EP1005
Current stock price
RF Technical Rating and Analysis
Overall RF gets a technical rating of 2 out of 10. Although RF 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- RF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that RF is one of the better performing stocks in the market, outperforming 73% of all stocks.
- RF has an average volume of 14936200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RF is part of the Banks industry. There are 380 other stocks in this industry, RF did better than 57% of them.
- RF 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 RF is lagging the market slightly.
RF Weekly and Daily overview Charts
RF Setup Rating and Analysis
RF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.78, a Stop Loss order could be placed below this zone.
More info and screens
RF Support and Resistance Analysis
18.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.00 to 25.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.03 from a horizontal line in the daily time frame.
- Support @18.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.48 to 26.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
RF 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 | DOWN | NEGATIVE | The long term trend for RF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RF is down. |
| ChartMill Relative Strength | 73.49 | POSITIVE | RF has a high relative strength, it outperformed 73.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.36 | NEUTRAL | The RSI value for RF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests RF has a positive trend. |
| Stochastics (14,3) | 92.5 | OVERBOUGHT | The high Stochastics value suggests RF may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 32.46 | POSITIVE | The high ADX value value for RF suggests a strong trend. |
RF Chart- and CandleStick Pattern Analysis
RF Technicals: Chart, Performance Metrics, Trend & Indicators
26.47
+0.13 (+0.49%)
REGIONS FINANCIAL CORP / RF TA FAQ
What is the technical rating for RF stock?
ChartMill assigns a technical rating of 2 / 10 to RF.
What is the trend direction for RF stock?
The current trend direction for REGIONS FINANCIAL CORP (RF) is Bearish.
What is the RSI signal for REGIONS FINANCIAL CORP (RF) stock?
REGIONS FINANCIAL CORP (RF) has an RSI value of 50.3595. This indicates that the stock is currently neutral.
What is the short term momentum for RF stock?
The short term momentum for REGIONS FINANCIAL CORP (RF) is negative.
Can you provide the buy/sell signal for REGIONS FINANCIAL CORP?
The buy/sell signal for REGIONS FINANCIAL CORP (RF) is sell as both the short term and long term trends are negative.