NASDAQ:RGTI - Nasdaq - US76655K1034 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to RGTI. RGTI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although RGTI has an excellent technical rating, it 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.
7.62
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 RGTI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGTI is up. |
ChartMill Relative Strength | 99.79 | POSITIVE | RGTI has a high relative strength, it outperformed 99.79% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGTI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGTI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGTI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 66.93 | NEUTRAL | The RSI value for RGTI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests RGTI has a positive trend. |
Stochastics (14,3) | 73.27 | NEUTRAL | The Stochastics value for RGTI is a neutral value. |
Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for RGTI suggests high volalility. |
Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for RGTI suggests a strong trend. |
13.86
+2.9 (+26.46%)