REGIONAL MANAGEMENT CORP (RM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RM - US75902K1060 - Common Stock
We assign a technical rating of 7 out of 10 to RM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RM is only an average performer.
Although RM 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.
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26.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.10 to 38.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.98 from a trend line in the weekly time frame.
- Support @26.92 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @40.09 from a horizontal line in the daily time frame.
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 RM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RM is up. |
| ChartMill Relative Strength | 52.32 | NEUTRAL | RM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.67 | NEUTRAL | The RSI value for RM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests RM has a positive trend. |
| Stochastics (14,3) | 88.73 | OVERBOUGHT | The high Stochastics value suggests RM may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for RM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for RM 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 |
|---|---|---|---|
| 40.10 | 35.98 | 4.12 (10.27%) | 9.73% |
| An entry @40.10. This is a Buy Stop order right above the resistance zone. | An exit @35.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.12 points, which is 10.27%. | For a 1.00% total portfolio risk, you can invest 9.73% 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.
39.56
-0.52 (-1.3%)
REGIONAL MANAGEMENT CORP / RM FAQ
Can you provide the ChartMill technical rating for REGIONAL MANAGEMENT CORP?
ChartMill assigns a technical rating of 7 / 10 to RM.
Can you provide the trend direction for REGIONAL MANAGEMENT CORP?
The current trend direction for REGIONAL MANAGEMENT CORP (RM) is Bullish.
Can you provide the RSI signal for REGIONAL MANAGEMENT CORP?
REGIONAL MANAGEMENT CORP (RM) has an RSI value of 57.67. This indicates that the stock is currently neutral.
What is the buy/sell signal for REGIONAL MANAGEMENT CORP (RM) stock?
The buy/sell signal for REGIONAL MANAGEMENT CORP (RM) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RM stock?
REGIONAL MANAGEMENT CORP (RM) has a support level at 38.47 and a resistance level at 40.09. Check the full technical report for our detailed analysis of RM support and resistance levels.