ROBERT HALF INC (RHI) Stock Technical Analysis
NYSE:RHI • US7703231032
We assign a technical rating of 0 out of 10 to RHI. RHI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RHI is a bad performer in the overall market: 91% of all stocks are doing better.
- RHI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RHI has a been trading in the 23.57 - 35.58 range, which is quite wide. It is currently trading near the lows of this range.
- RHI has an average volume of 2845640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RHI is an average performer in the Professional Services industry, it outperforms 40% of 88 stocks in the same industry.
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
23.36
When analyzing the resistance we notice 5 important areas.
- Resistance @26.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.94 to 28.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.80 from a trend line in the weekly time frame.
- Resistance @33.69 from a trend line in the daily time frame.
- Resistance @34.43 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 RHI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RHI is down. |
| ChartMill Relative Strength | 9.26 | NEGATIVE | RHI has a low relative strength, it was outperformed by 90.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RHI is below 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) | 36.19 | NEUTRAL | The RSI value for RHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests RHI has a negative trend. |
| Stochastics (14,3) | 4.91 | OVERSOLD | The low Stochastics value suggests RHI may be oversold. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for RHI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for RHI suggests a weak or negative trend. |
23.6
-0.23 (-0.97%)
ROBERT HALF INC / RHI FAQ
What is the ChartMill technical rating of ROBERT HALF INC (RHI) stock?
ChartMill assigns a technical rating of 0 / 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 36.185. 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 -0.613926, indicating a bearish trend.
What is the buy/sell signal for RHI stock?
The buy/sell signal for ROBERT HALF INC (RHI) is sell as both the short term and long term trends are negative.