REGIONS FINANCIAL CORP (RF) Stock Technical Analysis
NYSE:RF - New York Stock Exchange, Inc. - US7591EP1005 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to RF. 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that RF is one of the better performing stocks in the market, outperforming 80% of all stocks.
RF is part of the Banks industry. There are 393 other stocks in this industry. RF outperforms 83% of them.
RF has an average volume of 11491100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 23.68 - 26.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although RF has an excellent technical rating, it does not offer a high 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
18.71
25.14
4 important support areas can be observed.
- A support zone ranging from 24.88 to 24.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.47 to 23.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.71 from a trend line in the weekly time frame.
- Support @18.90 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for RF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RF is neutral. |
| ChartMill Relative Strength | 80.17 | POSITIVE | RF has a high relative strength, it outperformed 80.17% off all stocks 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 | POSITIVE | The current price of RF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.36 | NEUTRAL | The RSI value for RF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests RF has a negative trend. |
| Stochastics (14,3) | 54.66 | NEUTRAL | The Stochastics value for RF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for RF suggests some volalility. |
| Average Directional Index/ADX (14) | 34.44 | 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)
24.89
-0.44 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.74%
1 Week-5.79%
2 Weeks-4.31%
1 Month0.36%
3 Month18.24%
6 Month1.01%
12 Month19.21%
2 Year35.71%
3 Year14.86%
5 Year115.31%
10 Year159.54%
15 Year287.09%
Volatility
ATR(14)0.63
ATR(20)%2.26%
ATR Inc27.24%
Range Today0.58
ADR(20)0.5
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
CRS80.17
Mansfield0.08
10 Day High26.66
10 Day Low24.4
20 Day High26.66
20 Day Low23.68
52 Week High27.96
52 Week Low17.74
CS1 End24.88
CR1 StartN/A
Volume & EV
DER(3)0.4%
DER(5)0.82%
Volume14.88M
Volume Incr46.34%
Vol(5)18.27M
Vol(50)11.49M