REGIONAL MANAGEMENT CORP (RM) Technical Analysis
NYSE:RM • US75902K1060
Current stock price
RM Technical Rating and Analysis
Overall RM 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, RM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RM did better than 81% of all other stocks. We also observe that the gains produced by RM over the past year are nicely spread over this period.
- RM is one of the better performing stocks in the Consumer Finance industry, it outperforms 83% of 54 stocks in the same industry.
- RM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- RM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RM is lagging the market.
RM Weekly and Daily overview Charts
RM Setup Rating and Analysis
RM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
RM Support and Resistance Analysis
26.65
We found 4 important support areas.
- Support @38.26 from a horizontal line in the daily time frame.
- A support zone ranging from 31.64 to 31.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.11 from a horizontal line in the daily time frame.
- Support @26.92 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @39.76 from a trend line in the daily time frame.
- Resistance @40.94 from a horizontal line in the daily time frame.
RM 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 RM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RM is up. |
| ChartMill Relative Strength | 81.71 | POSITIVE | RM has a high relative strength, it outperformed 81.71% off all stocks 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) | 67.95 | NEUTRAL | The RSI value for RM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests RM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.19 | NEUTRAL | The Stochastics value for RM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for RM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.91 | POSITIVE | The high ADX value value for RM suggests a strong trend. |
RM Chart- and CandleStick Pattern Analysis
RM 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 |
|---|---|---|---|
| 39.77 | 38.25 | 1.52 (3.82%) | 25.00% |
| An entry @39.77. This is a Buy Stop order right above the resistance zone. | An exit @38.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.52 points, which is 3.82%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RM. Please evaluate whether better entry and exit points can be found.
- 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.
RM Technicals: Chart, Performance Metrics, Trend & Indicators
39.67
+0.52 (+1.33%)
REGIONAL MANAGEMENT CORP / RM TA FAQ
Can you provide the ChartMill technical rating for REGIONAL MANAGEMENT CORP?
ChartMill assigns a technical rating of 10 / 10 to RM.
What is the trend direction for RM stock?
The current trend direction for REGIONAL MANAGEMENT CORP (RM) is Bullish.
What is the RSI signal for RM stock?
REGIONAL MANAGEMENT CORP (RM) has an RSI value of 67.9453. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REGIONAL MANAGEMENT CORP?
The short term momentum for REGIONAL MANAGEMENT CORP (RM) is positive.
What is the support and resistance level for RM stock?
REGIONAL MANAGEMENT CORP (RM) has a support level at 38.26 and a resistance level at 39.76. Check the full technical report for our detailed analysis of RM support and resistance levels.