RUCKUS WIRELESS INC (RKUS) Stock Technical Analysis
NYSE:RKUS - US7812201082
12.87
+0.15 (+1.18%)
Overall RKUS gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RKUS is showing a nice and steady performance.
RKUS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Both the short term and long term trends are positive. This is a very positive sign.
RKUS 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 RKUS is lagging the market slightly.
RKUS has an average volume of 2779460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RKUS did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although RKUS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.88
14.09
2 important support areas can be observed.
- A support zone ranging from 12.32 to 12.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.00 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.69 to 13.95. 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 RKUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RKUS is up. |
| ChartMill Relative Strength | 86.69 | POSITIVE | RKUS has a high relative strength, it outperformed 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RKUS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RKUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RKUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.69 | NEUTRAL | The RSI value for RKUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RKUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 92.33 | OVERBOUGHT | The high Stochastics value suggests RKUS may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for RKUS suggests low volalility. |
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)
NYSE:RKUS (5/26/2016, 8:32:22 PM)
12.87
+0.15 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.18%
1 Week3.96%
2 Weeks4.29%
1 Month-7.01%
3 Month32.68%
6 Month13.49%
12 Month22.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.99%
ATR Inc-11.83%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield1.24
10 Day High12.87
10 Day Low12.18
20 Day High13.83
20 Day Low12.18
52 Week High14.01
52 Week Low7.25
CS1 End12.58
CR1 Start13.69
Volume & EV
DER(3)-3.22%
DER(5)0.52%
Volume913.70K
Volume Incr5.22%
Vol(5)2.39M
Vol(50)2.78M