RAYMOND JAMES FINANCIAL INC (RJF) Stock Technical Analysis
NYSE:RJF - New York Stock Exchange, Inc. - US7547301090 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RJF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RJF is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RJF is one of the better performing stocks in the market, outperforming 86% of all stocks.
RJF is one of the better performing stocks in the Capital Markets industry, it outperforms 82% of 233 stocks in the same industry.
RJF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RJF is lagging the market slightly.
RJF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RJF has an average volume of 1082670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although RJF has an excellent technical rating, the quality of the presented setup is not ideal 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
126.62
161.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 155.31 to 158.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 143.40 to 145.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @159.65 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for RJF is up. |
| ChartMill Relative Strength | 86.33 | POSITIVE | RJF has a high relative strength, it outperformed 86.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RJF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RJF is above the rising 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) | 63.08 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RJF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.14 | NEUTRAL | The Stochastics value for RJF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for RJF suggests low volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for RJF suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
159.48
+3.33 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.13%
1 Week-0.45%
2 Weeks0.82%
1 Month8.07%
3 Month19.5%
6 Month-4.51%
12 Month46.82%
2 Year44.89%
3 Year61.96%
5 Year244.3%
10 Year305.46%
15 Year796.63%
Volatility
ATR(14)2.91
ATR(20)%1.78%
ATR Inc37.41%
Range Today4.19
ADR(20)2.76
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.33
Mansfield0.23
10 Day High161
10 Day Low154.05
20 Day High161
20 Day Low147.18
52 Week High174.32
52 Week Low104.24
CS1 End158.33
CR1 Start159.65
Volume & EV
DER(3)-2.27%
DER(5)0.02%
Volume939.90K
Volume Incr-5.02%
Vol(5)1.03M
Vol(50)1.08M