Overall RILY gets a technical rating of 6 out of 10. In the last year, RILY was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month RILY has a been trading in the 6.98 - 10.97 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RILY is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 238 stocks in the same industry.
- RILY has an average volume of 2133060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, RILY did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RILY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RILY is lagging the market.
- Considerably lower volume is observed in the last couple of days.
RILY has an average technical rating and it also does not offer a high 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.
More info and screens
3.93
We found 3 important support areas.
- Support @7.19 from a horizontal line in the daily time frame.
- Support @4.22 from a trend line in the weekly time frame.
- Support @3.97 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.46 to 7.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.88 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for RILY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RILY is neutral. |
| ChartMill Relative Strength | 94.38 | POSITIVE | RILY has a high relative strength, it outperformed 94.38% 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) | 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) | 47.51 | NEUTRAL | The RSI value for RILY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RILY has a negative trend. |
| Stochastics (14,3) | 18.25 | OVERSOLD | The low Stochastics value suggests RILY may be oversold. |
| Average True Range in percent/ATR (20) | 12.75 | HIGH VOLATILITY | The high ATR as a percentage value for RILY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.69 | POSITIVE | The high ADX value value for RILY suggests a strong trend. |
7.45
-0.36 (-4.61%)
BRC GROUP HOLDINGS INC / RILY FAQ
What is the ChartMill technical rating of BRC GROUP HOLDINGS INC (RILY) stock?
ChartMill assigns a technical rating of 6 / 10 to RILY.
What is the current trend direction of BRC GROUP HOLDINGS INC (RILY) stock?
The current trend direction for BRC GROUP HOLDINGS INC (RILY) is Bullish.
What is the RSI signal for BRC GROUP HOLDINGS INC (RILY) stock?
BRC GROUP HOLDINGS INC (RILY) has an RSI value of 47.5056. This indicates that the stock is currently neutral.
What is the short term momentum for RILY stock?
The short term momentum for BRC GROUP HOLDINGS INC (RILY) is neutral.
What is the support and resistance level for RILY stock?
BRC GROUP HOLDINGS INC (RILY) has a support level at 7.19 and a resistance level at 7.46. Check the full technical report for our detailed analysis of RILY support and resistance levels.