ELEMENTS ROGERS AGRI TOT RET (RJA) Technical Analysis
NYSEARCA:RJA • US8702976031
Current stock price
RJA Technical Rating and Analysis
Taking everything into account, RJA scores 2 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- Looking at the yearly performance, RJA did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RJA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RJA is lagging the market slightly.
- In the last month RJA has a been trading in a tight range between 8.98 and 9.39.
- Volume is considerably higher in the last couple of days.
RJA Weekly and Daily overview Charts
RJA Setup Rating and Analysis
Although the technical rating is bad, RJA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
RJA Support and Resistance Analysis
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.
RJA 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 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. |
RJA Chart- and CandleStick Pattern Analysis
RJA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:RJA (10/21/2022, 10:46:53 PM)
9.16
+0.01 (+0.11%)
ELEMENTS ROGERS AGRI TOT RET / RJA TA FAQ
What is the technical rating for RJA stock?
ChartMill assigns a technical rating of 1 / 10 to RJA.
What is the trend direction for RJA stock?
The current trend direction for ELEMENTS ROGERS AGRI TOT RET (RJA) is Bearish.
What is the RSI signal for RJA stock?
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 short term momentum for ELEMENTS ROGERS AGRI TOT RET?
The short term momentum for ELEMENTS ROGERS AGRI TOT RET (RJA) is negative.
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.