RBS Rogers Enhanced Industrial (RGRI) Technical Analysis
NYSEARCA:RGRI
Current stock price
RGRI Technical Rating and Analysis
Overall RGRI gets a technical rating of 0 out of 10. RGRI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RGRI is a bad performer in the overall market: 85% of all stocks are doing better.
- RGRI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RGRI is lagging the market.
- RGRI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: RGRI has an average volume of 22094 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
RGRI Weekly and Daily overview Charts
RGRI Setup Rating and Analysis
Although the technical rating is bad, RGRI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.95. Right above this resistance zone may be a good entry point.
More info and screens
RGRI Support and Resistance Analysis
19.94
When analyzing the support we notice one important area.
- A support zone ranging from 20.14 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.95 to 21.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.05 to 23.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.87 to 24.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
RGRI 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 | DOWN | NEGATIVE | The long term trend for RGRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGRI is down. |
| ChartMill Relative Strength | 15.64 | NEGATIVE | RGRI has a low relative strength, it was outperformed by 84.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGRI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.49 | NEUTRAL | The RSI value for RGRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RGRI has a positive trend. |
| Stochastics (14,3) | 55.28 | NEUTRAL | The Stochastics value for RGRI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for RGRI suggests low volalility. |
RGRI Chart- and CandleStick Pattern Analysis
RGRI Technicals: Chart, Performance Metrics, Trend & Indicators
RBS Rogers Enhanced Industrial
NYSEARCA:RGRI (6/10/2015, 12:03:51 AM)
20.94
0 (0%)
RBS Rogers Enhanced Industrial / RGRI TA FAQ
What is the ChartMill technical rating of RBS Rogers Enhanced Industrial (RGRI) stock?
ChartMill assigns a technical rating of 0 / 10 to RGRI.
Can you provide the trend direction for RBS Rogers Enhanced Industrial?
The current trend direction for RBS Rogers Enhanced Industrial (RGRI) is Bearish.
What is the RSI signal for RBS Rogers Enhanced Industrial (RGRI) stock?
RBS Rogers Enhanced Industrial (RGRI) has an RSI value of 34.4865. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RBS Rogers Enhanced Industrial?
The MACD indicator for RBS Rogers Enhanced Industrial (RGRI) has a value of 0.0585271, indicating a bearish trend.
What are the support and resistance levels for RBS Rogers Enhanced Industrial (RGRI) stock?
RBS Rogers Enhanced Industrial (RGRI) has a support level at 20.14 and a resistance level at 20.95. Check the full technical report for our detailed analysis of RGRI support and resistance levels.