REGIONS FINANCIAL CORP (RF) Stock Technical Analysis
USA - NYSE:RF - US7591EP1005 - Common Stock
Overall RF gets a technical rating of 0 out of 10. RF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, RF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.26, a Stop Loss order could be placed below this zone.
More info and screens
18.71
2 important support areas can be observed.
- A support zone ranging from 23.35 to 24.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.90 to 19.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.66 to 25.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.28 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 | 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 | 32.21 | NEUTRAL | RF is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of RF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.81 | NEUTRAL | The RSI value for RF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RF has a positive trend. |
| Stochastics (14,3) | 72.13 | NEUTRAL | The Stochastics value for RF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 31.78 | POSITIVE | The high ADX value value for RF suggests a strong trend. |
24.31
-0.07 (-0.29%)
REGIONS FINANCIAL CORP / RF FAQ
What is the technical rating for RF stock?
ChartMill assigns a technical rating of 0 / 10 to RF.
Can you provide the trend direction for REGIONS FINANCIAL CORP?
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 43.8071. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REGIONS FINANCIAL CORP?
The MACD indicator for REGIONS FINANCIAL CORP (RF) has a value of 0.0922363, indicating a bearish trend.
What is the short term momentum for RF stock?
The short term momentum for REGIONS FINANCIAL CORP (RF) is negative.