STURM RUGER & CO INC (RGR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RGR - US8641591081 - Common Stock
We assign a technical rating of 4 out of 10 to RGR. In the last year, RGR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
RGR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.69
We found 2 important support areas.
- A support zone ranging from 33.20 to 33.52. 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 32.01 to 32.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 37.19 to 37.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.92 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RGR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGR is up. |
| ChartMill Relative Strength | 23.53 | NEGATIVE | RGR has a low relative strength, it was outperformed by 76.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RGR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RGR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.92 | OVERBOUGHT | The high RSI value suggests RGR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests RGR has a positive trend. |
| Stochastics (14,3) | 95.77 | OVERBOUGHT | The high Stochastics value suggests RGR may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for RGR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for RGR suggests a possible start of a new trend. |
37.18
+0.75 (+2.06%)
STURM RUGER & CO INC / RGR FAQ
What is the ChartMill technical rating of STURM RUGER & CO INC (RGR) stock?
ChartMill assigns a technical rating of 4 / 10 to RGR.
Can you provide the trend direction for STURM RUGER & CO INC?
The current trend direction for STURM RUGER & CO INC (RGR) is Bearish.
Can you provide the RSI signal for STURM RUGER & CO INC?
STURM RUGER & CO INC (RGR) has an RSI value of 73.917. This indicates that the stock is currently overbought.
What is the short term momentum for RGR stock?
The short term momentum for STURM RUGER & CO INC (RGR) is positive.
What are the support and resistance levels for STURM RUGER & CO INC (RGR) stock?
STURM RUGER & CO INC (RGR) has a support level at 33.52 and a resistance level at 37.19. Check the full technical report for our detailed analysis of RGR support and resistance levels.