REGIONS FINANCIAL CORP (RF) Technical Analysis
NYSE:RF • US7591EP1005
Overall RF gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month RF has a been trading in the 27.06 - 31.53 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that RF is one of the better performing stocks in the market, outperforming 75% of all stocks.
- RF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RF is performing more or less in line with the market.
- RF has an average volume of 13819200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- RF is an average performer in the Banks industry, it outperforms 69% of 379 stocks in the same industry.
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
18.71
We found 6 important support areas.
- Support @27.73 from a horizontal line in the daily time frame.
- A support zone ranging from 27.09 to 27.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.54 from a trend line in the daily time frame.
- Support @24.03 from a horizontal line in the daily time frame.
- Support @23.58 from a horizontal line in the weekly time frame.
- Support @18.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.93 to 30.95. 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 | DOWN | NEGATIVE | The short term trend for RF is down. |
| ChartMill Relative Strength | 75.35 | POSITIVE | RF has a high relative strength, it outperformed 75.35% off all stocks 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) | UP | MIXED | The current price of RF is below 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) | 39.6 | NEUTRAL | The RSI value for RF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RF has a negative trend. |
| Stochastics (14,3) | 13.77 | OVERSOLD | The low Stochastics value suggests RF may be oversold. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for RF suggests a possible start of a new trend. |
RF Technicals: Chart, Performance Metrics, Trend & Indicators
27.74
-0.23 (-0.82%)
REGIONS FINANCIAL CORP / RF FAQ
What is the technical rating for RF stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
What is the RSI signal for RF stock?
REGIONS FINANCIAL CORP (RF) has an RSI value of 39.6041. This indicates that the stock is currently neutral.
What is the buy/sell signal for REGIONS FINANCIAL CORP (RF) stock?
The buy/sell signal for REGIONS FINANCIAL CORP (RF) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for REGIONS FINANCIAL CORP?
REGIONS FINANCIAL CORP (RF) has a support level at 27.73 and a resistance level at 30.93. Check the full technical report for our detailed analysis of RF support and resistance levels.