RH (RH) Stock Technical Analysis
USA - NYSE:RH - US74967X1037 - Common Stock
183.14 USD
+1.58 (+0.87%)
183 USD
-0.14 (-0.08%)
We assign a technical rating of 0 out of 10 to RH. RH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RH is a bad performer in the overall market: 92% of all stocks are doing better.
RH is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 79% are performing better than RH.
RH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RH has a been trading in the 171.22 - 248.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RH has an average volume of 1151510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of RH 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
171.63
260.42
When analyzing the support we notice one important area.
- A support zone ranging from 173.36 to 173.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 192.28 to 193.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 204.12 to 207.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 215.32 to 218.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @249.35 from a horizontal line in the daily time frame.
- Resistance @257.84 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for RH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RH is down. |
| ChartMill Relative Strength | 8.14 | NEGATIVE | RH has a low relative strength, it was outperformed by 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.46 | NEUTRAL | The RSI value for RH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.54 | NEGATIVE | The MACD value suggests RH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.91 | OVERSOLD | The low Stochastics value suggests RH may be oversold. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for RH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for RH suggests a weak or negative trend. |
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)
183.14
+1.58 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.87%
1 Week-6.77%
2 Weeks-9.85%
1 Month-20.62%
3 Month-6.32%
6 Month13.66%
12 Month-48.34%
2 Year-15.98%
3 Year-27.88%
5 Year-45.37%
10 Year77.65%
15 YearN/A
Volatility
ATR(14)10.41
ATR(20)%5.76%
ATR Inc1.21%
Range Today10.81
ADR(20)10.22
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.14
Mansfield-3.82
10 Day High212.36
10 Day Low171.22
20 Day High248.44
20 Day Low171.22
52 Week High457.26
52 Week Low123.03
CS1 End173.36
CR1 Start192.28
Volume & EV
DER(3)-1.63%
DER(5)-0.55%
Volume861.20K
Volume Incr-6.36%
Vol(5)1.19M
Vol(50)1.15M