Overall RJA gets a technical rating of 2 out of 10. Although RJA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, RJA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.16, a Stop Loss order could be placed below this zone.
More info and screens
8.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.81 to 9.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.59 to 8.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.17 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.45 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.33 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 RJA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RJA is down. |
| ChartMill Relative Strength | 90.34 | POSITIVE | RJA has a high relative strength, it outperformed 90.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RJA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RJA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RJA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.55 | NEUTRAL | The RSI value for RJA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RJA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.15 | NEUTRAL | The Stochastics value for RJA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for RJA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for RJA suggests a weak or negative trend. |
NYSEARCA:RJA (10/21/2022, 10:46:53 PM)
9.16
+0.01 (+0.11%)
ELEMENTS ROGERS AGRI TOT RET / RJA FAQ
What is the technical rating for RJA stock?
ChartMill assigns a technical rating of 1 / 10 to RJA.
Can you provide the trend direction for ELEMENTS ROGERS AGRI TOT RET?
The current trend direction for ELEMENTS ROGERS AGRI TOT RET (RJA) is Bearish.
Can you provide the RSI signal for ELEMENTS ROGERS AGRI TOT RET?
ELEMENTS ROGERS AGRI TOT RET (RJA) has an RSI value of 48.5545. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ELEMENTS ROGERS AGRI TOT RET?
The buy/sell signal for ELEMENTS ROGERS AGRI TOT RET (RJA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for RJA stock?
ELEMENTS ROGERS AGRI TOT RET (RJA) has a support level at 9.16 and a resistance level at 9.17. Check the full technical report for our detailed analysis of RJA support and resistance levels.