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 7 out of 10. Although RJF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RJF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 165.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
138.50
We found 3 important support areas.
- A support zone ranging from 157.07 to 165.36. 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 @139.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- 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 | 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 | 53.57 | NEUTRAL | RJF is not amongst the best or worst performers 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) | 57.87 | NEUTRAL | The RSI value for RJF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests RJF has a positive trend. |
| Stochastics (14,3) | 73.19 | NEUTRAL | The Stochastics value for RJF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for RJF suggests low volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for RJF suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 172.65 | 159.63 | 13.02 (7.54%) | 13.26% |
| An entry @172.65. This is a Buy Stop order right above the resistance zone. | An exit @159.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 13.02 points, which is 7.54%. | For a 1.00% total portfolio risk, you can invest 13.26% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
167.71
-0.67 (-0.4%)
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 7 / 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 Bullish.
What is the RSI signal for RAYMOND JAMES FINANCIAL INC (RJF) stock?
RAYMOND JAMES FINANCIAL INC (RJF) has an RSI value of 57.8706. 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 buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for RAYMOND JAMES FINANCIAL INC?
RAYMOND JAMES FINANCIAL INC (RJF) has a support level at 165.36 and a resistance level at 172.64. Check the full technical report for our detailed analysis of RJF support and resistance levels.