RAYMOND JAMES FINANCIAL INC (RJF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RJF - US7547301090 - Common Stock
We assign a technical rating of 3 out of 10 to RJF. RJF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
RJF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 162.37, a Stop Loss order could be placed below this zone.
More info and screens
138.10
We found 3 important support areas.
- A support zone ranging from 156.20 to 162.37. 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 152.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @139.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 163.61 to 166.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for RJF is neutral. |
| ChartMill Relative Strength | 47.41 | NEUTRAL | RJF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RJF is below the rising 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) | 53.09 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests RJF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.99 | NEUTRAL | The Stochastics value for RJF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for RJF suggests low volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for RJF suggests a weak or negative trend. |
163.6
+3.01 (+1.87%)
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 3 / 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 53.0875. 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 162.37 and a resistance level at 163.61. Check the full technical report for our detailed analysis of RJF support and resistance levels.