REGIONS FINANCIAL CORP (RF) Stock Technical Analysis
NYSE:RF - US7591EP1005 - Common Stock
27.39 USD
+0.06 (+0.22%)
27.5783 USD
+0.19 (+0.69%)
Taking everything into account, RF scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RF is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
RF is one of the better performing stocks in the Banks industry, it outperforms 83% of 393 stocks in the same industry.
RF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RF has a been trading in the 24.58 - 27.58 range, which is quite wide. It is currently trading near the high of this range.
RF has an average volume of 14176400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RF did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although RF has an excellent technical rating, it does not present a decent entry opportunity 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
18.71
27.74
We found 3 important support areas.
- A support zone ranging from 24.63 to 25.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.96 from a trend line in the weekly time frame.
- Support @18.90 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.40 to 27.47. This zone is formed by a combination of multiple trend lines 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 RF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RF is up. |
| ChartMill Relative Strength | 81.95 | POSITIVE | RF has a high relative strength, it outperformed 81.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RF is above 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 | POSITIVE | The current price of RF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.14 | OVERBOUGHT | The high RSI value suggests RF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests RF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.57 | OVERBOUGHT | The high Stochastics value suggests RF may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for RF suggests low volalility. |
| Average Directional Index/ADX (14) | 29.08 | 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)
27.39
+0.06 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.22%
1 Week2.35%
2 Weeks6.99%
1 Month10.04%
3 Month27.75%
6 Month15.52%
12 Month16.95%
2 Year49.35%
3 Year26.4%
5 Year136.94%
10 Year185.61%
15 Year325.97%
Volatility
ATR(14)0.52
ATR(20)%1.85%
ATR Inc-33.17%
Range Today0.31
ADR(20)0.49
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.95
Mansfield0.68
10 Day High27.58
10 Day Low25.41
20 Day High27.58
20 Day Low24.58
52 Week High27.96
52 Week Low17.74
CS1 End25.18
CR1 Start27.4
Volume & EV
DER(3)2.65%
DER(5)2.58%
Volume15.96M
Volume Incr25.78%
Vol(5)19.17M
Vol(50)14.18M