RF ACQUISITION CORP II (RFAI) Stock Technical Analysis
USA - NASDAQ:RFAI - KYG753891095 - Common Stock
Overall RFAI gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RFAI is only an average performer.
RFAI has an excellent technical rating, but the quality of the setup is only medium 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
10.06
We found 2 important support areas.
- A support zone ranging from 10.66 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.71 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages 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 RFAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFAI is up. |
| ChartMill Relative Strength | 53.46 | NEUTRAL | RFAI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RFAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52 | NEUTRAL | The RSI value for RFAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RFAI has a negative trend. |
| Stochastics (14,3) | 34.51 | NEUTRAL | The Stochastics value for RFAI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for RFAI suggests low volalility. |
| Average Directional Index/ADX (14) | 39.61 | POSITIVE | The high ADX value value for RFAI suggests a strong trend. |
10.7
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RF ACQUISITION CORP II / RFAI FAQ
Can you provide the ChartMill technical rating for RF ACQUISITION CORP II?
ChartMill assigns a technical rating of 7 / 10 to RFAI.
What is the current trend direction of RF ACQUISITION CORP II (RFAI) stock?
The current trend direction for RF ACQUISITION CORP II (RFAI) is Bullish.
Can you provide the RSI signal for RF ACQUISITION CORP II?
RF ACQUISITION CORP II (RFAI) has an RSI value of 52.0037. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RF ACQUISITION CORP II?
The MACD indicator for RF ACQUISITION CORP II (RFAI) has a value of -0.00430671, indicating a bearish trend.
What is the buy/sell signal for RF ACQUISITION CORP II (RFAI) stock?
The buy/sell signal for RF ACQUISITION CORP II (RFAI) is buy as both the short term and long term trends are positive.