RITHM CAPITAL CORP (RITM) Stock Technical Analysis
USA - NYSE:RITM - US64828T2015 - REIT
11.39 USD
-0.13 (-1.13%)
11.4 USD
+0.01 (+0.09%)
Taking everything into account, RITM scores 1 out of 10 in our technical rating. RITM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month RITM has a been trading in the 11.32 - 12.74 range, which is quite wide. It is currently trading near the lows of this range.
RITM is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 78% of 67 stocks in the same industry.
RITM has an average volume of 5302790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, RITM turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
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.
The technical rating of RITM is bad and it also does not present a 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
9.65
12.76
When analyzing the support we can see 2 important areas.
- Support @11.38 from a horizontal line in the daily time frame.
- Support @9.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.63 to 12.63. 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 RITM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RITM is down. |
| ChartMill Relative Strength | 44.71 | NEUTRAL | RITM is not amongst the best or worst performers 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) | UP | MIXED | The current price of RITM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.07 | OVERSOLD | The low RSI value suggests RITM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RITM has a negative trend. |
| Stochastics (14,3) | 5.7 | OVERSOLD | The low Stochastics value suggests RITM may be oversold. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for RITM suggests low volalility. |
| Average Directional Index/ADX (14) | 27.27 | 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)
11.39
-0.13 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.13%
1 Week-3.15%
2 Weeks-5.63%
1 Month-7.17%
3 Month-2.9%
6 Month9%
12 Month5.37%
2 Year22.61%
3 Year55.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.93%
ATR Inc-1.42%
Range Today0.25
ADR(20)0.21
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.71
Mansfield-1.02
10 Day High12.68
10 Day Low11.32
20 Day High12.74
20 Day Low11.32
52 Week High12.74
52 Week Low9.13
CS1 End11.38
CR1 Start12.63
Volume & EV
DER(3)2%
DER(5)0.82%
Volume5.51M
Volume Incr0.87%
Vol(5)5.77M
Vol(50)5.30M