RITHM CAPITAL CORP (RITM) Technical Analysis
NYSE:RITM • US64828T2015
Current stock price
RITM Technical Rating and Analysis
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.
- 79% of all other stocks performed better in the past year than RITM.
- RITM is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 65% are performing better than RITM.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month RITM has a been trading in the 8.43 - 10.20 range, which is quite wide. It is currently trading near the high of this range.
- RITM has an average volume of 12247200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RITM Weekly and Daily overview Charts
RITM Setup Rating and Analysis
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
RITM Support and Resistance Analysis
10.02
We can see 4 important resistance areas.
- A resistance zone ranging from 10.13 to 10.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.28 from a trend line in the weekly time frame.
- Resistance @11.81 from a trend line in the daily time frame.
- Resistance @12.37 from a horizontal line in the daily time frame.
RITM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for RITM is up. |
| ChartMill Relative Strength | 21.32 | NEGATIVE | RITM has a low relative strength, it was outperformed by 78.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RITM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RITM is above 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) | 62.36 | NEUTRAL | The RSI value for RITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests RITM has a positive trend. |
| Stochastics (14,3) | 95.95 | OVERBOUGHT | The high Stochastics value suggests RITM may be overbought. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for RITM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for RITM suggests a strong trend. |
RITM Chart- and CandleStick Pattern Analysis
RITM Technicals: Chart, Performance Metrics, Trend & Indicators
10.12
+0.03 (+0.3%)
RITHM CAPITAL CORP / RITM TA FAQ
What is the ChartMill technical rating of RITHM CAPITAL CORP (RITM) stock?
ChartMill assigns a technical rating of 2 / 10 to RITM.
What is the trend direction for RITM stock?
The current trend direction for RITHM CAPITAL CORP (RITM) is Bearish.
Can you provide the RSI signal for RITHM CAPITAL CORP?
RITHM CAPITAL CORP (RITM) has an RSI value of 62.3643. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RITHM CAPITAL CORP?
The short term momentum for RITHM CAPITAL CORP (RITM) is positive.
Can you provide the support and resistance levels for RITHM CAPITAL CORP?
RITHM CAPITAL CORP (RITM) has a resistance level at 10.13. Check the full technical report for our detailed analysis of RITM support and resistance levels.