RH (RH) Technical Analysis
NYSE:RH • US74967X1037
Current stock price
RH Technical Rating and Analysis
Overall RH gets a technical rating of 0 out of 10. 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.
- 90% of all other stocks performed better in the past year than RH.
- RH is part of the Specialty Retail industry. There are 124 other stocks in this industry, of which 75% are performing better than RH.
- RH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RH is lagging the market.
- RH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- RH has an average volume of 1045980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RH Weekly and Daily overview Charts
RH Setup Rating and Analysis
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
RH Support and Resistance Analysis
126.37
5 important resistance areas can be observed.
- A resistance zone ranging from 134.52 to 136.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 189.10 to 191.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @195.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 224.33 to 224.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @233.46 from a horizontal line in the daily time frame.
RH Technical Indicator Signal Analysis
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 | 10.24 | NEGATIVE | RH has a low relative strength, it was outperformed by 89.76% 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) | 29.64 | OVERSOLD | The low RSI value suggests RH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests RH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.93 | OVERSOLD | The low Stochastics value suggests RH may be oversold. |
| Average True Range in percent/ATR (20) | 7.65 | HIGH VOLATILITY | The high ATR as a percentage value for RH suggests high volalility. |
| Average Directional Index/ADX (14) | 31.81 | POSITIVE | The high ADX value value for RH suggests a strong trend. |
RH Chart- and CandleStick Pattern Analysis
RH Technicals: Chart, Performance Metrics, Trend & Indicators
127.65
-6.86 (-5.1%)
RH / RH TA FAQ
Can you provide the ChartMill technical rating for RH?
ChartMill assigns a technical rating of 0 / 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 29.6358. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for RH?
The buy/sell signal for RH (RH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for RH (RH) stock?
RH (RH) has a resistance level at 134.52. Check the full technical report for our detailed analysis of RH support and resistance levels.