RF INDUSTRIES LTD (RFIL) Technical Analysis
NASDAQ:RFIL • US7495521053
Current stock price
RFIL Technical Rating and Analysis
Overall RFIL gets a technical rating of 10 out of 10. 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 97% of all 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 89% 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 9.62 - 15.42 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RFIL Weekly and Daily overview Charts
RFIL Setup Rating and Analysis
Although RFIL has an excellent technical rating, it does not present a decent entry opportunity 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
RFIL Support and Resistance Analysis
9.97
When analyzing the support we can see 2 important areas.
- Support @10.94 from a trend line in the daily time frame.
- Support @10.07 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 | 97.89 | POSITIVE | RFIL has a high relative strength, it outperformed 97.89% 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) | 67.4 | NEUTRAL | The RSI value for RFIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests RFIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.99 | OVERBOUGHT | The high Stochastics value suggests RFIL may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for RFIL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for RFIL suggests a strong trend. |
RFIL Chart- and CandleStick Pattern Analysis
RFIL Technicals: Chart, Performance Metrics, Trend & Indicators
14.77
+0.37 (+2.57%)
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 67.4012. 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 0.265073, indicating a bearish trend.
What is the support and resistance level for RFIL stock?
RF INDUSTRIES LTD (RFIL) has a support level at 10.94. Check the full technical report for our detailed analysis of RFIL support and resistance levels.