B RILEY FINANCIAL INC - RILY 6 3/8 02/28/25 (RILYM) Stock Technical Analysis
NASDAQ:RILYM - Nasdaq - US05580M8689 - Currency: USD
We assign a technical rating of 9 out of 10 to RILYM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RILYM is showing a nice and steady performance.
RILYM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.12. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RILYM 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.
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22.06
4 important support areas can be observed.
- A support zone ranging from 24.28 to 24.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.46 from a trend line in the daily time frame.
- A support zone ranging from 22.72 to 22.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.12 to 25.33. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RILYM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RILYM is up. |
| ChartMill Relative Strength | 84.91 | POSITIVE | RILYM has a high relative strength, it outperformed 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RILYM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RILYM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RILYM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.39 | OVERBOUGHT | The high RSI value suggests RILYM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RILYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.96 | OVERBOUGHT | The high Stochastics value suggests RILYM may be overbought. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for RILYM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.49 | NEGATIVE | The low ADX value for RILYM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.14 | 24.84 | 0.30 (1.19%) | 25.00% |
| An entry @25.14. This is a Buy Stop order right above the 10 day high. | An exit @24.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.30 points, which is 1.19%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
B RILEY FINANCIAL INC - RILY 6 3/8 02/28/25
NASDAQ:RILYM (2/27/2025, 8:08:07 PM)
25.11
-0.01 (-0.04%)