RICHMOND MUTUAL BANCORPORATI (RMBI) Stock Technical Analysis
NASDAQ:RMBI - Nasdaq - US76525P1003 - Common Stock - Currency: USD
Taking everything into account, RMBI scores 6 out of 10 in our technical rating. In the last year, RMBI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
RMBI is one of the lesser performing stocks in the Banks industry. 67% of 395 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
RMBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RMBI is lagging the market slightly.
In the last month RMBI has a been trading in the 12.86 - 14.26 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, RMBI outperforms 68% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, RMBI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.15. Right above this resistance zone may be a good entry point.
More info and screens
12.20
14.66
5 important support areas can be observed.
- Support @14.01 from a trend line in the weekly time frame.
- A support zone ranging from 13.51 to 13.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.23 from a horizontal line in the weekly time frame.
- Support @12.95 from a horizontal line in the daily time frame.
- Support @12.32 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @14.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.42 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RMBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMBI is up. |
| ChartMill Relative Strength | 68.48 | NEUTRAL | RMBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.06 | NEUTRAL | The RSI value for RMBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RMBI has a positive trend. |
| Stochastics (14,3) | 87.62 | OVERBOUGHT | The high Stochastics value suggests RMBI may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for RMBI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 14.16 | 14.00 | 0.16 (1.13%) | 25.00% |
| An entry @14.16. This is a Buy Stop order right above the resistance zone. | An exit @14.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 1.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The distance between exit and entry is rather small compared to the average daily movement of RMBI. 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.
NASDAQ:RMBI (7/3/2025, 8:06:40 PM)
14.05
-0.02 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.14%
1 Week3.54%
2 Weeks6.44%
1 Month7.25%
3 Month15.54%
6 Month5.24%
12 Month20.6%
2 Year19.17%
3 Year1.74%
5 Year21.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.78%
ATR Inc-31.86%
Range Today0.45
ADR(20)0.52
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.48
Mansfield-0.17
10 Day High14.26
10 Day Low13.01
20 Day High14.26
20 Day Low12.86
52 Week High15.15
52 Week Low11.26
CS1 End14.01
CR1 Start14.15
Volume & EV
DER(3)-0.45%
DER(5)0.92%
Volume14.20K
Volume Incr342.42%
Vol(5)250.96K
Vol(50)65.32K