(RIT-C) Stock Technical Analysis
NYSE:RIT-C - New York Stock Exchange, Inc. -
Taking everything into account, RIT-C scores 4 out of 10 in our technical rating. In the past year, RIT-C was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
RIT-C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RIT-C is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, RIT-C turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
In the last month RIT-C has a been trading in a tight range between 24.27 and 24.86.
RIT-C has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.59, a Stop Loss order could be placed below this zone.
More info and screens
23.05
25.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.41 to 24.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.73 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.28 to 23.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.78 to 25.12. 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 | NEUTRAL | NEUTRAL | The long term trend for RIT-C is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RIT-C is up. |
| ChartMill Relative Strength | 49.99 | NEUTRAL | RIT-C is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RIT-C is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RIT-C is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIT-C is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.89 | NEUTRAL | The RSI value for RIT-C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RIT-C has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.84 | NEUTRAL | The Stochastics value for RIT-C is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for RIT-C suggests low volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for RIT-C 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)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week1.15%
2 Weeks0.57%
1 Month0.74%
3 Month-1.44%
6 Month0.24%
12 Month3.97%
2 Year24.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.84%
ATR Inc11.92%
Range Today0.24
ADR(20)0.2
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.99
Mansfield-0.35
10 Day High24.85
10 Day Low24.27
20 Day High24.86
20 Day Low24.27
52 Week High25.18
52 Week Low22.8
CS1 End24.59
CR1 Start24.78
Volume & EV
DER(3)-1.98%
DER(5)-3.56%
Volume56.30K
Volume Incr95.4%
Vol(5)54.80K
Vol(50)51.61K