RAYMOND JAMES FINANCIAL INC (RJF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
Overall RJF gets a technical rating of 2 out of 10. 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.
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.
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136.89
3 important support areas can be observed.
- A support zone ranging from 158.45 to 161.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.32 to 155.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @138.27 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @166.04 from a horizontal line in the daily time frame.
- Resistance @172.64 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 175.70 to 176.44. 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 | NEUTRAL | NEUTRAL | The long term trend for RJF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RJF is up. |
| ChartMill Relative Strength | 37.65 | NEUTRAL | RJF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RJF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RJF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RJF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.36 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests RJF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.44 | OVERBOUGHT | The high Stochastics value suggests RJF may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for RJF suggests some volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for RJF suggests a possible start of a new trend. |
163.91
-3.03 (-1.82%)
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 2 / 10 to RJF.
What is the trend direction for RJF stock?
The current trend direction for RAYMOND JAMES FINANCIAL INC (RJF) is Bearish.
Can you provide the RSI signal for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has an RSI value of 57.3561. This indicates that the stock is currently neutral.
What is the support and resistance level for RJF stock?
RAYMOND JAMES FINANCIAL INC (RJF) has a support level at 161.42 and a resistance level at 166.04. Check the full technical report for our detailed analysis of RJF support and resistance levels.