RH (RH) Stock Technical Analysis
NYSE:RH • US74967X1037
Taking everything into account, RH scores 4 out of 10 in our technical rating. RH performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, RH is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month RH has a been trading in the 190.16 - 235.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- RH has an average volume of 1093030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- RH is part of the Specialty Retail industry. There are 121 other stocks in this industry, RH did better than 44% of them.
- RH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RH is lagging the market.
Although the technical rating is only medium, RH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 200.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
144.20
We found 2 important support areas.
- A support zone ranging from 195.25 to 200.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @145.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @212.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 228.14 to 228.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 232.91 to 233.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RH is neutral. |
| ChartMill Relative Strength | 28.85 | NEGATIVE | RH has a low relative strength, it was outperformed by 71.15% 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) | UP | POSITIVE | The current price of RH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for RH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests RH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.83 | NEUTRAL | The Stochastics value for RH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for RH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for RH suggests a possible start of a new trend. |
207.73
+3.1 (+1.51%)
RH / RH FAQ
Can you provide the ChartMill technical rating for RH?
ChartMill assigns a technical rating of 4 / 10 to RH.
Can you provide the trend direction for RH?
The current trend direction for RH (RH) is Bearish.
Can you provide the RSI signal for RH?
RH (RH) has an RSI value of 51.7416. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RH?
RH (RH) has a support level at 200.68 and a resistance level at 212.29. Check the full technical report for our detailed analysis of RH support and resistance levels.