REGIONAL MANAGEMENT CORP (RM) Technical Analysis
NYSE:RM • US75902K1060
Current stock price
RM Technical Rating and Analysis
Overall RM gets a technical rating of 1 out of 10. RM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- In the last month RM has a been trading in the 30.46 - 33.13 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, RM outperforms 42% of them, which is more or less in line with the market.
- RM is part of the Consumer Finance industry. There are 54 other stocks in this industry, RM did better than 62% of them.
- RM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RM is lagging the market slightly.
RM Weekly and Daily overview Charts
RM Setup Rating and Analysis
Although the technical rating is bad, RM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.22, a Stop Loss order could be placed below this zone.
More info and screens
RM Support and Resistance Analysis
26.65
3 important support areas can be observed.
- A support zone ranging from 31.78 to 32.22. 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 30.87 to 31.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.92 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 33.13 to 33.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.34 from a trend line in the weekly time frame.
- Resistance @38.16 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 | DOWN | NEGATIVE | The long term trend for RM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RM is neutral. |
| ChartMill Relative Strength | 42.74 | NEUTRAL | RM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for RM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests RM has a positive trend. |
| Stochastics (14,3) | 83.4 | OVERBOUGHT | The high Stochastics value suggests RM may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for RM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for RM suggests a weak or negative trend. |
RM Chart- and CandleStick Pattern Analysis
RM Technicals: Chart, Performance Metrics, Trend & Indicators
33.12
+0.52 (+1.6%)
REGIONAL MANAGEMENT CORP / RM TA FAQ
Can you provide the ChartMill technical rating for REGIONAL MANAGEMENT CORP?
ChartMill assigns a technical rating of 1 / 10 to RM.
What is the trend direction for RM stock?
The current trend direction for REGIONAL MANAGEMENT CORP (RM) is Bearish.
What is the RSI signal for RM stock?
REGIONAL MANAGEMENT CORP (RM) has an RSI value of 53.9628. 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 neutral.
What is the support and resistance level for RM stock?
REGIONAL MANAGEMENT CORP (RM) has a support level at 32.22 and a resistance level at 33.13. Check the full technical report for our detailed analysis of RM support and resistance levels.