NYSE:RLD - New York Stock Exchange, Inc. -
Taking everything into account, RLD scores 7 out of 10 in our technical rating. Although RLD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RLD 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.
9.31
We found 3 important support areas.
2 important resistance areas can be observed.
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 RLD is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RLD is up. |
ChartMill Relative Strength | 38.78 | NEUTRAL | RLD is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLD is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLD is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RLD is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 81.15 | OVERBOUGHT | The high RSI value suggests RLD may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RLD has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 86.51 | OVERBOUGHT | The high Stochastics value suggests RLD may be overbought. |
Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for RLD suggests low volalility. |
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 |
---|---|---|---|
11.02 | 10.88 | 0.14 (1.27%) | 25.00% |
An entry @11.02. This is a Buy Stop order right above the resistance zone. | An exit @10.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 1.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.32%. |
11
+0.02 (+0.18%)