RICK Technical Analysis - RCI HOSPITALITY HOLDINGS INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to RICK. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

93% of all other stocks performed better in the past year than RICK.

RICK is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 73% of 135 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 - 32.02 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.

Considerably lower volume is observed in the last couple of days.

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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

RICK has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

28.70

58.58

When analyzing the resistance we notice 5 important areas.

A resistance zone ranging from 29.06 to 29.58. 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 31.19 to 31.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 32.79 to 33.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @50.73 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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What is Support and Resistance

Support and Resistance indicators

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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	7.79	NEGATIVE	RICK has a low relative strength, it was outperformed by 92.21% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of RICK is below the rising 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)	43.65	NEUTRAL	The RSI value for RICK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests RICK has a positive trend.
Stochastics (14,3)	24.02	NEUTRAL	The Stochastics value for RICK is a neutral value.
Average True Range in percent/ATR (20)	5.53	HIGH VOLATILITY	The high ATR as a percentage value for RICK suggests high volalility.
Average Directional Index/ADX (14)	39.36	POSITIVE	The high ADX value value for RICK suggests a strong trend.