RAYMOND JAMES FINANCIAL INC (RJF) Stock Technical Analysis
NYSE:RJF • US7547301090
We assign a technical rating of 0 out of 10 to RJF. RJF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RJF is a bad performer in the overall market: 68% of all stocks are doing better.
- In the last month RJF has a been trading in the 152.03 - 174.13 range, which is quite wide. It is currently trading near the lows of this range.
- RJF has an average volume of 1411700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RJF is an average performer in the Capital Markets industry, it outperforms 59% of 238 stocks in the same industry.
- RJF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RJF is lagging the market.
RJF has a poor technical rating and the quality of the setup is also not perfect 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
141.31
2 important support areas can be observed.
- A support zone ranging from 151.32 to 152.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @142.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 154.52 to 154.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 159.54 to 166.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 172.27 to 176.43. 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 | DOWN | NEGATIVE | The long term trend for RJF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RJF is down. |
| ChartMill Relative Strength | 32.07 | NEUTRAL | RJF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RJF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RJF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RJF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests RJF has a negative trend. |
| Stochastics (14,3) | 20.1 | NEUTRAL | The Stochastics value for RJF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for RJF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.74 | POSITIVE | The high ADX value value for RJF suggests a strong trend. |
153.13
-5.13 (-3.24%)
RAYMOND JAMES FINANCIAL INC / RJF FAQ
What is the ChartMill technical rating of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a technical rating of 0 / 10 to RJF.
Can you provide the trend direction for RAYMOND JAMES FINANCIAL INC?
The current trend direction for RAYMOND JAMES FINANCIAL INC (RJF) is Bearish.
What is the RSI signal for RAYMOND JAMES FINANCIAL INC (RJF) stock?
RAYMOND JAMES FINANCIAL INC (RJF) has an RSI value of 35.0006. This indicates that the stock is currently neutral.
What is the buy/sell signal for RJF stock?
The buy/sell signal for RAYMOND JAMES FINANCIAL INC (RJF) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has a support level at 152.98 and a resistance level at 154.52. Check the full technical report for our detailed analysis of RJF support and resistance levels.