ROBERT HALF INC (RHI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RHI - US7703231032 - Common Stock
Overall RHI gets a technical rating of 3 out of 10. In the past year, RHI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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, RHI is a bad performer in the overall market: 92% of all stocks are doing better.
- RHI is one of the lesser performing stocks in the Professional Services industry. 71% of 88 stocks in the same industry do better.
- RHI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- RHI has an average volume of 2176650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RHI has a been trading in the 26.45 - 29.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RHI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.37, a Stop Loss order could be placed below this zone.
More info and screens
25.23
We found 3 important support areas.
- A support zone ranging from 26.66 to 27.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.19 from a horizontal line in the weekly time frame.
- Support @25.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.69 to 29.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for RHI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RHI is neutral. |
| ChartMill Relative Strength | 8.79 | NEGATIVE | RHI has a low relative strength, it was outperformed by 91.21% 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) | UP | POSITIVE | The current price of RHI is above the rising 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) | 53.07 | NEUTRAL | The RSI value for RHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests RHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.26 | NEUTRAL | The Stochastics value for RHI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for RHI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.82 | NEGATIVE | The low ADX value for RHI suggests a weak or negative trend. |
28.34
-0.69 (-2.38%)
ROBERT HALF INC / RHI 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 RHI stock?
ROBERT HALF INC (RHI) has an RSI value of 53.0728. 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 0.0986812, indicating a bearish trend.