RH (RH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RH - US74967X1037 - Common Stock
Taking everything into account, RH scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, RH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 159.95. Right above this resistance zone may be a good entry point.
More info and screens
158.34
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 159.95 to 162.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 171.46 to 175.69. 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 | NEUTRAL | NEUTRAL | The short term trend for RH is neutral. |
| ChartMill Relative Strength | 4.92 | NEGATIVE | RH has a low relative strength, it was outperformed by 95.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RH is above 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) | 48.15 | NEUTRAL | The RSI value for RH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.67 | POSITIVE | The MACD value suggests RH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.54 | NEUTRAL | The Stochastics value for RH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for RH suggests high volalility. |
| Average Directional Index/ADX (14) | 14.4 | NEGATIVE | The low ADX value for RH suggests a weak or negative trend. |
159.94
-2.37 (-1.46%)
RH / RH FAQ
Can you provide the ChartMill technical rating for RH?
ChartMill assigns a technical rating of 0 / 10 to RH.
What is the trend direction for RH stock?
The current trend direction for RH (RH) is Bearish.
What is the RSI signal for RH stock?
RH (RH) has an RSI value of 48.1489. This indicates that the stock is currently neutral.
What is the support and resistance level for RH stock?
RH (RH) has a resistance level at 159.95. Check the full technical report for our detailed analysis of RH support and resistance levels.