RITHM CAPITAL CORP (RITM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RITM - US64828T2015 - REIT
Overall RITM gets a technical rating of 2 out of 10. In the past year, RITM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, RITM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.13, a Stop Loss order could be placed below this zone.
More info and screens
10.54
2 important support areas can be observed.
- A support zone ranging from 10.96 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.21 to 11.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for RITM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RITM is neutral. |
| ChartMill Relative Strength | 32.5 | NEUTRAL | RITM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RITM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RITM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RITM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.09 | NEUTRAL | The RSI value for RITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RITM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.8 | NEUTRAL | The Stochastics value for RITM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for RITM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.13 | NEGATIVE | The low ADX value for RITM suggests a weak or negative trend. |
11.17
-0.06 (-0.53%)
RITHM CAPITAL CORP / RITM FAQ
What is the ChartMill technical rating of RITHM CAPITAL CORP (RITM) stock?
ChartMill assigns a technical rating of 2 / 10 to RITM.
Can you provide the trend direction for RITHM CAPITAL CORP?
The current trend direction for RITHM CAPITAL CORP (RITM) is Bearish.
What is the RSI signal for RITHM CAPITAL CORP (RITM) stock?
RITHM CAPITAL CORP (RITM) has an RSI value of 50.086. This indicates that the stock is currently neutral.
What is the short term momentum for RITM stock?
The short term momentum for RITHM CAPITAL CORP (RITM) is neutral.