RYMAN HOSPITALITY PROPERTIES (RHP) Stock Technical Analysis
NYSE:RHP - New York Stock Exchange, Inc. - US78377T1079 - REIT - Currency: USD
Taking everything into account, RHP scores 3 out of 10 in our technical rating. In the last year, RHP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month RHP has a been trading in the 97.19 - 105.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
RHP is part of the Diversified REITs industry. There are 129 other stocks in this industry. RHP outperforms 77% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, RHP outperforms 53% of them, which is more or less in line with the market.
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.
RHP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 99.61, 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
97.62
120.44
When analyzing the support we notice one important area.
- A support zone ranging from 98.61 to 99.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 100.53 to 101.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 103.25 to 104.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @107.31 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 | NEUTRAL | NEUTRAL | The short term trend for RHP is neutral. |
| ChartMill Relative Strength | 53.1 | NEUTRAL | RHP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RHP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RHP is above a declining 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) | 48.08 | NEUTRAL | The RSI value for RHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests RHP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.42 | OVERSOLD | The low Stochastics value suggests RHP may be oversold. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for RHP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for RHP suggests a weak or negative 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)
99.62
+0.86 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.87%
1 Week-0.37%
2 Weeks-3.52%
1 Month-0.49%
3 Month15.42%
6 Month-3.9%
12 Month-2.09%
2 Year4.54%
3 Year12.51%
5 Year211.12%
10 Year74.22%
15 YearN/A
Volatility
ATR(14)2.04
ATR(20)%2.32%
ATR Inc-23.42%
Range Today1.37
ADR(20)2.25
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.1
Mansfield-1.09
10 Day High104.3
10 Day Low98.57
20 Day High105.18
20 Day Low97.19
52 Week High121.77
52 Week Low76.27
CS1 End99.61
CR1 Start100.53
Volume & EV
DER(3)-3.02%
DER(5)-0.77%
Volume443.90K
Volume Incr-5.07%
Vol(5)568.56K
Vol(50)699.79K