ROBERT HALF INC (RHI) Technical Analysis
NYSE:RHI • US7703231032
Current stock price
RHI Technical Rating and Analysis
Overall RHI gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RHI was also a bad performer in the overall market in the last year.
- 87% of all other stocks performed better in the past year than RHI.
- RHI 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 RHI has a been trading in the 22.12 - 27.77 range, which is quite wide. It is currently trading near the high of this range.
- RHI has an average volume of 3456140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- RHI is an average performer in the Professional Services industry, it outperforms 45% of 86 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RHI Weekly and Daily overview Charts
RHI Setup Rating and Analysis
The technical rating of RHI 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
RHI Support and Resistance Analysis
23.35
We found 2 important support areas.
- A support zone ranging from 24.70 to 25.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.59 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @31.52 from a trend line in the daily time frame.
- Resistance @33.07 from a trend line in the daily time frame.
- Resistance @34.43 from a horizontal line in the daily time frame.
RHI 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 RHI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RHI is up. |
| ChartMill Relative Strength | 13.25 | NEGATIVE | RHI has a low relative strength, it was outperformed by 86.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RHI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.88 | NEUTRAL | The RSI value for RHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests RHI has a positive trend. |
| Stochastics (14,3) | 87.93 | OVERBOUGHT | The high Stochastics value suggests RHI may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for RHI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for RHI suggests a weak or negative trend. |
RHI Chart- and CandleStick Pattern Analysis
RHI Technicals: Chart, Performance Metrics, Trend & Indicators
27.59
+2.21 (+8.71%)
ROBERT HALF INC / RHI TA FAQ
What is the ChartMill technical rating of ROBERT HALF INC (RHI) stock?
ChartMill assigns a technical rating of 3 / 10 to RHI.
What is the trend direction for RHI stock?
The current trend direction for ROBERT HALF INC (RHI) is Bearish.
What is the RSI signal for ROBERT HALF INC (RHI) stock?
ROBERT HALF INC (RHI) has an RSI value of 62.8828. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROBERT HALF INC?
The MACD indicator for ROBERT HALF INC (RHI) has a value of 0.299002, indicating a bearish trend.
What are the support and resistance levels for ROBERT HALF INC (RHI) stock?
ROBERT HALF INC (RHI) has a support level at 25.25 and a resistance level at 31.52. Check the full technical report for our detailed analysis of RHI support and resistance levels.