RADIANT LOGISTICS INC (RLGT) Stock Technical Analysis
NYSEARCA:RLGT - NYSE Arca - US75025X1000 - Common Stock - Currency: USD
Overall RLGT gets a technical rating of 3 out of 10. Although RLGT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
RLGT is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry. RLGT outperforms 90% of them.
In the last month RLGT has a been trading in the 5.44 - 6.15 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, RLGT did better than 72% of all other stocks. However, RLGT's most recent performance is quite weak.
RLGT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
RLGT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RLGT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.60
7.80
2 important support areas can be observed.
- A support zone ranging from 5.84 to 5.92. 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 5.66 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 6.12 to 6.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.83 from a horizontal line in the daily time frame.
- Resistance @7.08 from a trend line in the weekly time frame.
- Resistance @7.48 from a horizontal line in the daily time frame.
- Resistance @7.72 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.4
Mansfield-0.31
10 Day High6.15
10 Day Low5.61
20 Day High6.15
20 Day Low5.44
52 Week High7.94
52 Week Low4.83
Performance
1 Week2.69%
2 Weeks7.01%
1 Month7.01%
3 Month-12.96%
6 Month-7.98%
12 Month20.51%
2 Year-2.24%
3 Year-7.84%
5 Year53.13%
10 Year6.26%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)54.57
LBB5.64
UBB6.11
6.11
+0.21 (+3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg3.56%
1 Week2.69%
2 Weeks7.01%
1 Month7.01%
3 Month-12.96%
6 Month-7.98%
12 Month20.51%
2 Year-2.24%
3 Year-7.84%
5 Year53.13%
10 Year6.26%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.18%
ATR Inc38.57%
Range Today0.27
ADR(20)0.25
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.4
Mansfield-0.31
10 Day High6.15
10 Day Low5.61
20 Day High6.15
20 Day Low5.44
52 Week High7.94
52 Week Low4.83
CS1 End5.92
CR1 Start6.12
Volume & EV
DER(3)9.78%
DER(5)6.36%
Volume102.00K
Volume Incr-55.68%
Vol(5)101.10K
Vol(50)180.79K