NYSE:RM - New York Stock Exchange, Inc. - US75902K1060 - Common Stock - Currency: USD
Overall RM gets a technical rating of 7 out of 10. Although RM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RM has an excellent technical rating, it does not offer a high quality setup 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.
26.59
4 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for RM is neutral. |
ChartMill Relative Strength | 74.93 | POSITIVE | RM has a high relative strength, it outperformed 74.93% 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) | 60.89 | NEUTRAL | The RSI value for RM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests RM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 26.72 | NEUTRAL | The Stochastics value for RM is a neutral value. |
Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for RM suggests some volalility. |
Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for RM suggests a possible start of a new trend. |
33.24
+2.13 (+6.85%)