USA - NYSEARCA:RHS - US46137V3731 - ETF
We assign a technical rating of 2 out of 10 to RHS. RHS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of RHS 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.
152.24
We found 3 important support areas.
When analyzing the resistance we notice 3 important areas.
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 RHS is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RHS is down. |
ChartMill Relative Strength | 45.98 | NEUTRAL | RHS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RHS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of RHS is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RHS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 36.62 | NEUTRAL | The RSI value for RHS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests RHS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 25.21 | NEUTRAL | The Stochastics value for RHS is a neutral value. |
Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for RHS suggests low volalility. |
Average Directional Index/ADX (14) | 30.24 | POSITIVE | The high ADX value value for RHS suggests a strong trend. |
NYSEARCA:RHS (6/6/2023, 8:04:01 PM)
166.46
-0.67 (-0.4%)