REGIONAL MANAGEMENT CORP (RM) Stock Technical Analysis
USA - NYSE:RM - US75902K1060 - Common Stock
Overall RM gets a technical rating of 9 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, RM is showing a nice and steady performance.
RM 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 very little resistance above the current price. There is a support zone below the current price at 39.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RM 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.
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27.25
4 important support areas can be observed.
- A support zone ranging from 38.91 to 39.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.80 to 37.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.08 from a horizontal line in the daily time frame.
- Support @27.53 from a trend line in the weekly 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 | 88.3 | POSITIVE | RM has a high relative strength, it outperformed 88.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RM is below 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) | 55.38 | NEUTRAL | The RSI value for RM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests RM has a positive trend. |
| Stochastics (14,3) | 78.07 | NEUTRAL | The Stochastics value for RM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.86 | 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 |
|---|---|---|---|
| 41.15 | 38.90 | 2.25 (5.47%) | 18.29% |
| An entry @41.15. This is a Buy Stop order right above the 10 day high. | An exit @38.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.25 points, which is 5.47%. | For a 1.00% total portfolio risk, you can invest 18.29% 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.
40.94
+0.87 (+2.17%)
REGIONAL MANAGEMENT CORP / RM FAQ
Can you provide the ChartMill technical rating for REGIONAL MANAGEMENT CORP?
ChartMill assigns a technical rating of 9 / 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 55.3778. 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 39.8. Check the full technical report for our detailed analysis of RM support and resistance levels.