REGIONS FINANCIAL CORP (RF) Technical Analysis
NYSE:RF • US7591EP1005
Current stock price
RF Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to RF. RF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RF has a been trading in the 24.92 - 30.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RF has an average volume of 15055500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 54% of all stocks.
- RF is an average performer in the Banks industry, it outperforms 47% of 381 stocks in the same industry.
- 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
The technical rating of RF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RF Support and Resistance Analysis
18.71
2 important support areas can be observed.
- Support @24.03 from a horizontal line in the daily 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 27.61 to 28.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for RF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RF is down. |
| ChartMill Relative Strength | 54.54 | NEUTRAL | RF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RF is below 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 | MIXED | The current price of RF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24.14 | OVERSOLD | The low RSI value suggests RF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests RF has a negative trend. |
| Stochastics (14,3) | 5.73 | OVERSOLD | The low Stochastics value suggests RF may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.52 | 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
25
-0.32 (-1.26%)
REGIONS FINANCIAL CORP / RF TA FAQ
What is the technical rating for RF stock?
ChartMill assigns a technical rating of 1 / 10 to RF.
What is the current trend direction of REGIONS FINANCIAL CORP (RF) stock?
The current trend direction for REGIONS FINANCIAL CORP (RF) is Bearish.
What is the RSI signal for RF stock?
REGIONS FINANCIAL CORP (RF) has an RSI value of 24.1384. This indicates that the stock is currently oversold.
What are the support and resistance levels for REGIONS FINANCIAL CORP (RF) stock?
REGIONS FINANCIAL CORP (RF) has a support level at 24.03 and a resistance level at 27.61. Check the full technical report for our detailed analysis of RF support and resistance levels.