RICHMOND MUTUAL BANCORPORATI (RMBI) Technical Analysis
NASDAQ:RMBI • US76525P1003
Current stock price
RMBI Technical Rating and Analysis
Overall RMBI gets a technical rating of 1 out of 10. RMBI 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.
- RMBI is one of the lesser performing stocks in the Banks industry. 77% of 380 stocks in the same industry do better.
- Warning: RMBI has an average volume of 17350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, RMBI turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- RMBI 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 RMBI is lagging the market slightly.
- In the last month RMBI has a been trading in a tight range between 13.13 and 13.76.
RMBI Weekly and Daily overview Charts
RMBI Setup Rating and Analysis
RMBI has a bad technical rating, but it does show a decent setup pattern. 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 13.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RMBI 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.
More info and screens
RMBI Support and Resistance Analysis
12.79
We found 2 important support areas.
- A support zone ranging from 13.13 to 13.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.67 to 14.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.50 to 14.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
RMBI 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 RMBI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMBI is neutral. |
| ChartMill Relative Strength | 47.51 | NEUTRAL | RMBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RMBI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RMBI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for RMBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RMBI has a positive trend. |
| Stochastics (14,3) | 73.18 | NEUTRAL | The Stochastics value for RMBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for RMBI suggests a weak or negative trend. |
RMBI Chart- and CandleStick Pattern Analysis
RMBI Technicals: Chart, Performance Metrics, Trend & Indicators
13.58
-0.05 (-0.37%)
RICHMOND MUTUAL BANCORPORATI / RMBI TA FAQ
What is the ChartMill technical rating of RICHMOND MUTUAL BANCORPORATI (RMBI) stock?
ChartMill assigns a technical rating of 1 / 10 to RMBI.
What is the trend direction for RMBI stock?
The current trend direction for RICHMOND MUTUAL BANCORPORATI (RMBI) is Bearish.
What is the RSI signal for RICHMOND MUTUAL BANCORPORATI (RMBI) stock?
RICHMOND MUTUAL BANCORPORATI (RMBI) has an RSI value of 49.2995. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RICHMOND MUTUAL BANCORPORATI?
RICHMOND MUTUAL BANCORPORATI (RMBI) has a support level at 13.24 and a resistance level at 13.67. Check the full technical report for our detailed analysis of RMBI support and resistance levels.