RYMAN HOSPITALITY PROPERTIES (RHP) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:RHP • US78377T1079
We assign a technical rating of 3 out of 10 to RHP. In the past year, RHP 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.
- When comparing the yearly performance of all stocks, RHP is a bad performer in the overall market: 67% of all stocks are doing better.
- RHP is part of the Diversified REITs industry. There are 122 other stocks in this industry, of which 62% are performing better than RHP.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- RHP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RHP is lagging the market.
- In the last month RHP has a been trading in the 92.53 - 98.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RHP has a poor technical rating and the quality of the setup is also only medium 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
83.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 93.48 to 95.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.38 from a horizontal line in the daily time frame.
- A support zone ranging from 84.61 to 85.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 98.42 to 98.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 103.25 to 104.45. 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 | NEUTRAL | NEUTRAL | The long term trend for RHP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RHP is neutral. |
| ChartMill Relative Strength | 33.35 | 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) | UP | POSITIVE | The current price of RHP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.48 | NEUTRAL | The RSI value for RHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests RHP has a positive trend. |
| Stochastics (14,3) | 68.81 | NEUTRAL | The Stochastics value for RHP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RHP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for RHP suggests a weak or negative trend. |
97.96
+2.26 (+2.36%)
RYMAN HOSPITALITY PROPERTIES / RHP FAQ
Can you provide the ChartMill technical rating for RYMAN HOSPITALITY PROPERTIES?
ChartMill assigns a technical rating of 3 / 10 to RHP.
What is the trend direction for RHP stock?
The current trend direction for RYMAN HOSPITALITY PROPERTIES (RHP) is Bearish.
Can you provide the RSI signal for RYMAN HOSPITALITY PROPERTIES?
RYMAN HOSPITALITY PROPERTIES (RHP) has an RSI value of 61.4815. This indicates that the stock is currently neutral.
What is the short term momentum for RHP stock?
The short term momentum for RYMAN HOSPITALITY PROPERTIES (RHP) is neutral.