Red Lion Hotels Corp (RLH) Technical Analysis
NYSE:RLH
Current stock price
RLH Technical Rating and Analysis
Overall RLH gets a technical rating of 10 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, RLH is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RLH is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by RLH over the past year are nicely spread over this period.
- RLH is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RLH is leading the market.
- In the last month RLH has a been trading in a tight range between 3.41 and 3.50.
- Considerably lower volume is observed in the last couple of days.
RLH Weekly and Daily overview Charts
RLH Setup Rating and Analysis
RLH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
RLH Support and Resistance Analysis
2.02
We found 3 important support areas.
- A support zone ranging from 3.45 to 3.48. 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 3.39 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.50 to 3.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
RLH Technical Indicator Signal Analysis
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 RLH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RLH is up. |
| ChartMill Relative Strength | 80.14 | POSITIVE | RLH has a high relative strength, it outperformed 80.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RLH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.57 | NEUTRAL | The RSI value for RLH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RLH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.62 | OVERBOUGHT | The high Stochastics value suggests RLH may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for RLH suggests low volalility. |
RLH Chart- and CandleStick Pattern Analysis
RLH Example Setup
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 |
|---|---|---|---|
| 3.52 | 3.46 | 0.06 (1.70%) | 25.00% |
| An entry @3.52. This is a Buy Stop order right above the resistance zone. | An exit @3.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 1.70%. | For a 0.43% total portfolio risk, you can invest 25.00% 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.
RLH Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:RLH (3/17/2021, 8:04:00 PM)
3.49
0 (0%)
Red Lion Hotels Corp / RLH TA FAQ
What is the ChartMill technical rating of Red Lion Hotels Corp (RLH) stock?
ChartMill assigns a technical rating of 10 / 10 to RLH.
Can you provide the trend direction for Red Lion Hotels Corp?
The current trend direction for Red Lion Hotels Corp (RLH) is Bullish.
Can you provide the RSI signal for Red Lion Hotels Corp?
Red Lion Hotels Corp (RLH) has an RSI value of 69.5671. This indicates that the stock is currently neutral.
What is the buy/sell signal for RLH stock?
The buy/sell signal for Red Lion Hotels Corp (RLH) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RLH stock?
Red Lion Hotels Corp (RLH) has a support level at 3.48 and a resistance level at 3.5. Check the full technical report for our detailed analysis of RLH support and resistance levels.