RYMAN HOSPITALITY PROPERTIES (RHP) Stock Technical Analysis
NYSE:RHP - New York Stock Exchange, Inc. - US78377T1079 - REIT - Currency: USD
Taking everything into account, RHP scores 6 out of 10 in our technical rating. RHP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RHP has a been trading in the 93.39 - 101.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, RHP turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
RHP is an average performer in the Diversified REITs industry, it outperforms 54% of 129 stocks in the same industry.
RHP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RHP is lagging the market slightly.
RHP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 97.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
83.76
120.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 93.18 to 97.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.61 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 98.89 to 99.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 101.12 to 101.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @107.01 from a horizontal line in the daily time frame.
- Resistance @119.25 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RHP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RHP is up. |
| ChartMill Relative Strength | 49.22 | NEUTRAL | RHP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RHP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RHP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RHP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.13 | NEUTRAL | The RSI value for RHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests RHP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.48 | NEUTRAL | The Stochastics value for RHP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for RHP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for RHP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 99.23 | 94.10 | 5.13 (5.17%) | 19.35% |
| An entry @99.23. This is a Buy Stop order right above the resistance zone. | An exit @94.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.13 points, which is 5.17%. | When investing 19.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
98.34
+1.19 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.22%
1 Week-0.28%
2 Weeks2.16%
1 Month1.39%
3 Month4.09%
6 Month-7.05%
12 Month-1.28%
2 Year5.83%
3 Year29.34%
5 Year184.22%
10 Year85.16%
15 YearN/A
Volatility
ATR(14)2.48
ATR(20)%2.41%
ATR Inc5.38%
Range Today2.6
ADR(20)2.2
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.22
Mansfield-0.73
10 Day High101.41
10 Day Low94.11
20 Day High101.41
20 Day Low93.39
52 Week High121.77
52 Week Low76.27
CS1 End97.58
CR1 Start98.89
Volume & EV
DER(3)-3.29%
DER(5)-0.75%
Volume960.30K
Volume Incr-26.25%
Vol(5)627.94K
Vol(50)845.94K