B. RILEY FINANCIAL INC (RILY) Stock Technical Analysis
NASDAQ:RILY - Nasdaq - US05580M1080 - Common Stock - Currency: USD
Overall RILY gets a technical rating of 0 out of 10. RILY'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than RILY.
RILY is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 88% are performing better than RILY.
RILY 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 RILY has a been trading in the 2.83 - 3.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RILY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RILY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.76
6.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.92 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.79 to 2.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.35 to 3.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.21 from a horizontal line in the daily time frame.
- Resistance @6.35 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for RILY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RILY is neutral. |
| ChartMill Relative Strength | 2.42 | NEGATIVE | RILY has a low relative strength, it was outperformed by 97.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RILY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RILY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RILY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for RILY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RILY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.48 | NEUTRAL | The Stochastics value for RILY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for RILY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for RILY suggests a possible start of a new 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)
3.03
-0.14 (-4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-4.42%
1 Week1.68%
2 Weeks-2.88%
1 Month-7.62%
3 Month-28.03%
6 Month-39.88%
12 Month-85.29%
2 Year-93.41%
3 Year-92.83%
5 Year-86.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.52%
ATR Inc32.98%
Range Today0.36
ADR(20)0.22
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.42
Mansfield-5.69
10 Day High3.34
10 Day Low2.89
20 Day High3.77
20 Day Low2.83
52 Week High21.18
52 Week Low2.67
CS1 End2.97
CR1 Start3.35
Volume & EV
DER(3)3.56%
DER(5)3.63%
Volume1.19M
Volume Incr-6.42%
Vol(5)1.02M
Vol(50)908.03K