REGIONS FINANCIAL CORP (RF) Stock Technical Analysis
NYSE:RF - New York Stock Exchange, Inc. - US7591EP1005 - Common Stock - Currency: USD
Overall RF gets a technical rating of 5 out of 10. RF has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RF is one of the lesser performing stocks in the Banks industry. 67% of 396 stocks in the same industry do better.
RF has an average volume of 9197110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, RF turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
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.
In the last month RF has a been trading in the 19.93 - 22.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RF has an average technical rating and it also does not offer a high quality setup 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
18.47
23.59
When analyzing the support we notice one important area.
- A support zone ranging from 18.66 to 19.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.09 to 22.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.36 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 | NEUTRAL | NEUTRAL | The long term trend for RF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RF is neutral. |
| ChartMill Relative Strength | 58.96 | NEUTRAL | RF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.73 | NEUTRAL | The RSI value for RF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RF has a negative trend. |
| Stochastics (14,3) | 34.34 | NEUTRAL | The Stochastics value for RF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 38.18 | POSITIVE | The high ADX value value for RF 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)
21.24
-0.13 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.61%
1 Week-5.98%
2 Weeks0.38%
1 Month4.73%
3 Month-9.19%
6 Month-22.14%
12 Month11.09%
2 Year22.99%
3 Year-3.85%
5 Year87.8%
10 Year110.51%
15 Year178.38%
Volatility
ATR(14)0.48
ATR(20)%2.37%
ATR Inc-10.32%
Range Today0.55
ADR(20)0.42
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.96
Mansfield-0.69
10 Day High22.68
10 Day Low20.81
20 Day High22.68
20 Day Low19.93
52 Week High27.96
52 Week Low17.72
CS1 End19.09
CR1 Start22.09
Volume & EV
DER(3)-1.15%
DER(5)-1.53%
Volume5.62M
Volume Incr-15.4%
Vol(5)5.83M
Vol(50)9.20M