RIVERFRONT STRATEGIC INCOME (RIGS) Stock Technical Analysis
USA - NYSEARCA:RIGS - US00162Q7833 - ETF
23.0454 USD
+0.16 (+0.68%)
We assign a technical rating of 2 out of 10 to RIGS. RIGS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
62% of all other stocks performed better in the past year than RIGS.
Warning: RIGS has an average volume of 8976 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RIGS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RIGS is lagging the market slightly.
In the last month RIGS has a been trading in the 22.61 - 24.13 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Although the technical rating is bad, RIGS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 22.91, 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
21.98
24.17
When analyzing the support we notice one important area.
- A support zone ranging from 22.20 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.16 to 23.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 RIGS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RIGS is neutral. |
| ChartMill Relative Strength | 38.69 | NEUTRAL | RIGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RIGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RIGS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.68 | NEUTRAL | The RSI value for RIGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RIGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.23 | NEUTRAL | The Stochastics value for RIGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for RIGS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for RIGS 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)
NYSEARCA:RIGS (10/17/2025, 8:04:01 PM)
23.0454
+0.16 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week-0.81%
2 Weeks-1.03%
1 Month-1.3%
3 Month0.28%
6 Month1.61%
12 Month-0.79%
2 Year5.62%
3 Year3.39%
5 Year-6.09%
10 Year-6.43%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.72%
ATR Inc41.87%
Range Today0.45
ADR(20)0.34
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.69
Mansfield-0.94
10 Day High23.58
10 Day Low22.61
20 Day High24.13
20 Day Low22.61
52 Week High24.32
52 Week Low20.66
CS1 End22.91
CR1 Start23.16
Volume & EV
DER(3)-0.87%
DER(5)0.04%
Volume1.90K
Volume Incr-28.95%
Vol(5)6.86K
Vol(50)8.98K