RESOLUTE HOLDINGS MANAG (RHLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RHLD - US76134H1014 - Common Stock
Taking everything into account, RHLD scores 6 out of 10 in our technical rating. Although RHLD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RHLD has an average technical rating and the quality of the presented setup is also not ideal 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.
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184.14
When analyzing the support we notice one important area.
- A support zone ranging from 186.00 to 186.44. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RHLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RHLD is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | RHLD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RHLD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RHLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RHLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.85 | NEUTRAL | The RSI value for RHLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.67 | NEGATIVE | The MACD value suggests RHLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.25 | NEUTRAL | The Stochastics value for RHLD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for RHLD suggests high volalility. |
| Average Directional Index/ADX (14) | 28.18 | POSITIVE | The high ADX value value for RHLD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 221.03 | 185.99 | 35.04 (15.85%) | 6.31% |
| An entry @221.03. This is a Buy Stop order right above the 10 day high. | An exit @185.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 35.04 points, which is 15.85%. | For a 1.00% total portfolio risk, you can invest 6.31% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
202.18
+16.17 (+8.69%)
RESOLUTE HOLDINGS MANAG / RHLD FAQ
What is the ChartMill technical rating of RESOLUTE HOLDINGS MANAG (RHLD) stock?
ChartMill assigns a technical rating of 6 / 10 to RHLD.
What is the trend direction for RHLD stock?
The current trend direction for RESOLUTE HOLDINGS MANAG (RHLD) is Bullish.
What is the RSI signal for RHLD stock?
RESOLUTE HOLDINGS MANAG (RHLD) has an RSI value of 54.8493. This indicates that the stock is currently neutral.
What is the support and resistance level for RHLD stock?
RESOLUTE HOLDINGS MANAG (RHLD) has a support level at 186.44. Check the full technical report for our detailed analysis of RHLD support and resistance levels.