RICK Technical Analysis - RCI HOSPITALITY HOLDINGS INC

Technical Rating and Analysis

Taking everything into account, RICK scores 0 out of 10 in our technical rating. RICK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, RICK is a bad performer in the overall market: 95% of all stocks are doing better.

RICK is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 78% of 134 stocks in the same industry do better.

RICK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month RICK has a been trading in the 25.15 - 38.00 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

RCI HOSPITALITY HOLDINGS INC / RICK Weekly stock chart

RCI HOSPITALITY HOLDINGS INC / RICK Daily stock chart

Setup Rating and Analysis

The technical rating of RICK 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

27.87

58.58

We can see 4 important resistance areas.

A resistance zone ranging from 34.94 to 34.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @36.74 from a trend line in the daily time frame.
Resistance @51.23 from a trend line in the weekly time frame.
Resistance @58.00 from a horizontal line in the weekly time frame.

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Technical Indicator Signal Analysis

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 RICK is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for RICK is down.
ChartMill Relative Strength	5.77	NEGATIVE	RICK has a low relative strength, it was outperformed by 94.23% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RICK is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RICK is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of RICK is below a declining SMA(200).
Relative Strength Index/RSI (14)	31.8	NEUTRAL	The RSI value for RICK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.82	NEGATIVE	The MACD value suggests RICK has a negative trend, although the MACD value is rising.
Stochastics (14,3)	22.63	NEUTRAL	The Stochastics value for RICK is a neutral value.
Average True Range in percent/ATR (20)	5.72	HIGH VOLATILITY	The high ATR as a percentage value for RICK suggests high volalility.
Average Directional Index/ADX (14)	41.94	POSITIVE	The high ADX value value for RICK suggests a strong trend.