RF INDUSTRIES LTD (RFIL) Stock Technical Analysis
USA - NASDAQ:RFIL - US7495521053 - Common Stock
7.75 USD
+0.19 (+2.51%)
7.65 USD
-0.1 (-1.29%)
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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, RFIL did better than 95% of all other stocks. We also observe that the gains produced by RFIL over the past year are nicely spread over this period.
RFIL is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 83% of 125 stocks in the same industry.
RFIL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RFIL is lagging the market slightly.
In the last month RFIL has a been trading in the 6.11 - 8.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RFIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.68. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RFIL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.57
8.78
7 important support areas can be observed.
- A support zone ranging from 7.07 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.85 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.42 from a horizontal line in the daily time frame.
- Support @4.82 from a trend line in the daily time frame.
- Support @4.19 from a trend line in the weekly time frame.
- Support @4.03 from a trend line in the weekly time frame.
- Support @3.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.68 to 8.69. This zone is formed by a combination of multiple trend lines in the daily 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 RFIL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RFIL is neutral. |
| ChartMill Relative Strength | 95.02 | POSITIVE | RFIL has a high relative strength, it outperformed 95.02% 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) | 55.73 | NEUTRAL | The RSI value for RFIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RFIL has a positive trend. |
| Stochastics (14,3) | 53.28 | NEUTRAL | The Stochastics value for RFIL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for RFIL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for RFIL suggests a weak or negative 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)
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 |
|---|---|---|---|
| 8.70 | 7.06 | 1.64 (18.85%) | 5.30% |
| An entry @8.70. This is a Buy Stop order right above the resistance zone. | An exit @7.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.64 points, which is 18.85%. | When investing 5.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
7.75
+0.19 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.51%
1 Week4.59%
2 Weeks10.32%
1 Month15.67%
3 Month59.47%
6 Month55.94%
12 Month108.9%
2 Year157.48%
3 Year34.78%
5 Year74.55%
10 Year70.7%
15 Year148.8%
Volatility
ATR(14)0.74
ATR(20)%8.25%
ATR Inc-26.3%
Range Today0.38
ADR(20)0.61
ADR(20)%7.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.02
Mansfield4.15
10 Day High8.65
10 Day Low6.8
20 Day High8.65
20 Day Low6.11
52 Week High9.21
52 Week Low3.39
CS1 End7.18
CR1 Start8.68
Volume & EV
DER(3)10.15%
DER(5)8.14%
Volume165.30K
Volume Incr18.18%
Vol(5)191.22K
Vol(50)192.46K