RITHM CAPITAL CORP (RITM) Stock Technical Analysis
USA - NYSE:RITM - US64828T2015 - REIT
10.89 USD
+0.07 (+0.65%)
10.9 USD
+0.01 (+0.09%)
We assign a technical rating of 0 out of 10 to RITM. RITM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than RITM.
RITM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
RITM has an average volume of 5802150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RITM is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 66 other stocks in this industry, RITM did better than 47% of them.
RITM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RITM is lagging the market.
RITM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for RITM 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.
More info and screens
10.61
12.59
When analyzing the support we notice one important area.
- A support zone ranging from 10.72 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.47 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for RITM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RITM is down. |
| ChartMill Relative Strength | 27.86 | NEGATIVE | RITM has a low relative strength, it was outperformed by 72.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RITM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RITM is below a declining 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) | 38.17 | NEUTRAL | The RSI value for RITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RITM has a positive trend. |
| Stochastics (14,3) | 40.44 | 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) | 41.23 | POSITIVE | The high ADX value value for RITM suggests a strong 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)
10.89
+0.07 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.65%
1 Week-0.27%
2 Weeks-0.55%
1 Month-6.76%
3 Month-10.66%
6 Month3.32%
12 Month3.91%
2 Year16.72%
3 Year29.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.71%
ATR Inc-45.45%
Range Today0.11
ADR(20)0.18
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.86
3 months CRS16.92
6 months CRS34.16
Mansfield-1.38
10 Day High11.08
10 Day Low10.62
20 Day High11.69
20 Day Low10.62
52 Week High12.74
52 Week Low9.13
CS1 End10.82
CR1 Start12.47
Volume & EV
DER(3)1.89%
DER(5)3.04%
Volume6.00M
Volume Incr-10.19%
Vol(5)5.87M
Vol(50)5.80M