RH (RH) Stock Technical Analysis
NYSE:RH - New York Stock Exchange, Inc. - US74967X1037 - Common Stock - Currency: USD
Taking everything into account, RH scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RH was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RH is a bad performer in the overall market: 69% of all stocks are doing better.
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 181.03 - 224.22 range, which is quite wide. It is currently trading near the high of this range.
RH has an average volume of 1316990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RH is an average performer in the Specialty Retail industry, it outperforms 48% of 123 stocks in the same industry.
RH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 218.00. Right above this resistance zone may be a good entry point. 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
185.65
228.30
When analyzing the support we can see 3 important areas.
- Support @217.00 from a trend line in the daily time frame.
- A support zone ranging from 192.06 to 195.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @187.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 218.00 to 221.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @226.04 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 | 31.58 | NEUTRAL | RH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RH is above the rising 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) | DOWN | NEGATIVE | The current price of RH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.73 | NEUTRAL | The RSI value for RH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests RH has a positive trend. |
| Stochastics (14,3) | 70.39 | NEUTRAL | The Stochastics value for RH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for RH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.85 | 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)
217.99
+1.1 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.51%
1 Week3.05%
2 Weeks2.44%
1 Month9.2%
3 Month12.2%
6 Month-45.1%
12 Month-13.37%
2 Year-40.31%
3 Year-14.82%
5 Year-34.05%
10 Year135.72%
15 YearN/A
Volatility
ATR(14)10.93
ATR(20)%4.95%
ATR Inc33.43%
Range Today8.81
ADR(20)10.13
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.58
Mansfield-2.89
10 Day High224.22
10 Day Low191.59
20 Day High224.22
20 Day Low181.03
52 Week High457.26
52 Week Low123.03
CS1 End217
CR1 Start218
Volume & EV
DER(3)0.55%
DER(5)0.14%
Volume855.33K
Volume Incr-5.81%
Vol(5)1.05M
Vol(50)1.32M