STURM RUGER & CO INC (RGR) Stock Technical Analysis
USA - NYSE:RGR - US8641591081 - Common Stock
We assign a technical rating of 0 out of 10 to RGR. RGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of RGR is bad and it also does not present a quality setup 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
30.95
We can see 2 important resistance areas.
- A resistance zone ranging from 35.11 to 35.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for RGR is down. |
| ChartMill Relative Strength | 19.06 | NEGATIVE | RGR has a low relative strength, it was outperformed by 80.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.82 | OVERSOLD | The low RSI value suggests RGR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests RGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.69 | OVERSOLD | The low Stochastics value suggests RGR may be oversold. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for RGR suggests high volalility. |
| Average Directional Index/ADX (14) | 39.66 | POSITIVE | The high ADX value value for RGR suggests a strong trend. |
31.26
+0.5 (+1.63%)
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 0 / 10 to RGR.
What is the trend direction for RGR stock?
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 24.8155. This indicates that the stock is currently oversold.
What is the MACD signal for RGR stock?
The MACD indicator for STURM RUGER & CO INC (RGR) has a value of -1.42036, indicating a bearish trend.
Can you provide the short term momentum for STURM RUGER & CO INC?
The short term momentum for STURM RUGER & CO INC (RGR) is negative.