RAYMOND JAMES FINANCIAL INC (RJF) Stock Technical Analysis
USA - NYSE:RJF - US7547301090 - Common Stock
We assign a technical rating of 4 out of 10 to RJF. In the last year, RJF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, RJF does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 162.36, a Stop Loss order could be placed below this zone.
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134.08
3 important support areas can be observed.
- A support zone ranging from 159.86 to 162.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @156.15 from a horizontal line in the daily time frame.
- Support @135.43 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 163.21 to 167.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 172.64 to 172.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for RJF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RJF is neutral. |
| ChartMill Relative Strength | 52.2 | 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 | POSITIVE | The current price of RJF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RJF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.82 | NEUTRAL | The Stochastics value for RJF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for RJF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for RJF suggests a possible start of a new trend. |
162.44
-2.64 (-1.6%)
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 4 / 10 to RJF.
What is the trend direction for RJF stock?
The current trend direction for RAYMOND JAMES FINANCIAL INC (RJF) is Bullish.
Can you provide the RSI signal for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has an RSI value of 43.2002. 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 162.36 and a resistance level at 163.21. Check the full technical report for our detailed analysis of RJF support and resistance levels.