RESOLUTE FOREST PRODUCTS (RFP) Stock Technical Analysis
NYSE:RFP - New York Stock Exchange, Inc. - US76117W1099 - Common Stock - Currency: USD
Overall RFP 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, RFP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RFP is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by RFP over the past year are nicely spread over this period.
RFP is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 100% of 9 stocks in the same industry.
RFP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RFP is leading the market.
In the last month RFP has a been trading in a tight range between 21.48 and 22.62.
Volume is considerably higher in the last couple of days.
Although RFP has an excellent technical rating, the quality of the presented setup is not ideal 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
13.50
22.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.96 to 21.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @20.36 from a horizontal line in the daily time frame.
- A support zone ranging from 20.00 to 20.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.01 to 22.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.03
Mansfield1.84
10 Day High22.62
10 Day Low21.62
20 Day High22.62
20 Day Low21.48
52 Week High22.62
52 Week Low11.55
Performance
1 Week1.25%
2 Weeks0.97%
1 Month1.86%
3 Month4.08%
6 Month8.57%
12 Month73.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)59.3
LBB21.48
UBB22.06
21.92
-0.08 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.36%
1 Week1.25%
2 Weeks0.97%
1 Month1.86%
3 Month4.08%
6 Month8.57%
12 Month73.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.16%
ATR Inc58.12%
Range Today0.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.03
Mansfield1.84
10 Day High22.62
10 Day Low21.62
20 Day High22.62
20 Day Low21.48
52 Week High22.62
52 Week Low11.55
CS1 End21.82
CR1 Start22.01
Volume & EV
DER(3)-6.79%
DER(5)-3.76%
Volume14.96M
Volume Incr886.2%
Vol(5)3.96M
Vol(50)814.98K