USA - NYSE:RITM - US64828T2015 - REIT
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.
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.
10.61
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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. |
10.89
+0.07 (+0.65%)