We assign a technical rating of 9 out of 10 to RILY. In the last year, RILY was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although RILY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.79
2 important support areas can be observed.
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 RILY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RILY is up. |
| ChartMill Relative Strength | 89.68 | POSITIVE | RILY has a high relative strength, it outperformed 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RILY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RILY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RILY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.24 | OVERBOUGHT | The high RSI value suggests RILY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests RILY has a positive trend. |
| Stochastics (14,3) | 89.56 | OVERBOUGHT | The high Stochastics value suggests RILY may be overbought. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for RILY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.95 | POSITIVE | The high ADX value value for RILY suggests a strong trend. |
7
+0.1 (+1.45%)
ChartMill assigns a technical rating of 9 / 10 to RILY.
The current trend direction for BRC GROUP HOLDINGS INC (RILY) is Bearish.
BRC GROUP HOLDINGS INC (RILY) has an RSI value of 73.2435. This indicates that the stock is currently overbought.
The short term momentum for BRC GROUP HOLDINGS INC (RILY) is positive.
BRC GROUP HOLDINGS INC (RILY) has a support level at 4.03. Check the full technical report for our detailed analysis of RILY support and resistance levels.