RF INDUSTRIES LTD (RFIL) Technical Analysis
NASDAQ:RFIL • US7495521053
Current stock price
RFIL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RFIL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RFIL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RFIL is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, RFIL also shows a nice and consistent pattern of rising prices.
- RFIL is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 90% of 124 stocks in the same industry.
- RFIL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RFIL has a been trading in the 10.70 - 15.42 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
RFIL Weekly and Daily overview Charts
RFIL Setup Rating and Analysis
RFIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for RFIL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
RFIL Support and Resistance Analysis
10.06
3 important support areas can be observed.
- A support zone ranging from 13.22 to 13.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.27 from a trend line in the daily time frame.
- Support @10.16 from a trend line in the daily time frame.
RFIL 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 | UP | POSITIVE | The long term trend for RFIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFIL is up. |
| ChartMill Relative Strength | 98.01 | POSITIVE | RFIL has a high relative strength, it outperformed 98.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for RFIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RFIL has a positive trend. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for RFIL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for RFIL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for RFIL suggests a strong trend. |
RFIL Chart- and CandleStick Pattern Analysis
RFIL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.43 | 13.21 | 2.22 (14.39%) | 6.95% |
| An entry @15.43. This is a Buy Stop order right above the 10 day high. | An exit @13.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.22 points, which is 14.39%. | For a 1.00% total portfolio risk, you can invest 6.95% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RFIL Technicals: Chart, Performance Metrics, Trend & Indicators
14.74
+0.21 (+1.45%)
RF INDUSTRIES LTD / RFIL TA FAQ
What is the ChartMill technical rating of RF INDUSTRIES LTD (RFIL) stock?
ChartMill assigns a technical rating of 10 / 10 to RFIL.
What is the trend direction for RFIL stock?
The current trend direction for RF INDUSTRIES LTD (RFIL) is Bullish.
What is the RSI signal for RF INDUSTRIES LTD (RFIL) stock?
RF INDUSTRIES LTD (RFIL) has an RSI value of 62.2801. This indicates that the stock is currently neutral.
What is the MACD signal for RF INDUSTRIES LTD (RFIL) stock?
The MACD indicator for RF INDUSTRIES LTD (RFIL) has a value of 0.021481, indicating a bearish trend.
What is the support and resistance level for RFIL stock?
RF INDUSTRIES LTD (RFIL) has a support level at 13.3. Check the full technical report for our detailed analysis of RFIL support and resistance levels.