RICHMOND MUTUAL BANCORPORATI (RMBI) Technical Analysis
NASDAQ:RMBI • US76525P1003
Overall RMBI gets a technical rating of 3 out of 10. In the last year, RMBI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- Warning: RMBI has an average volume of 15446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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 68% of all stocks.
- RMBI is part of the Banks industry. There are 379 other stocks in this industry, RMBI did better than 55% of them.
- 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 the 13.12 - 14.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
RMBI has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
12.78
We found 3 important support areas.
- A support zone ranging from 13.99 to 14.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.17 to 13.24. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 12.91 to 12.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.10 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.
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 | NEUTRAL | NEUTRAL | The long term trend for RMBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMBI is neutral. |
| ChartMill Relative Strength | 68.57 | NEUTRAL | RMBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RMBI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RMBI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.84 | NEUTRAL | The RSI value for RMBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RMBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.85 | NEUTRAL | The Stochastics value for RMBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for RMBI suggests a weak or negative trend. |
RMBI Technicals: Chart, Performance Metrics, Trend & Indicators
14.1
+0.29 (+2.1%)
RICHMOND MUTUAL BANCORPORATI / RMBI FAQ
What is the ChartMill technical rating of RICHMOND MUTUAL BANCORPORATI (RMBI) stock?
ChartMill assigns a technical rating of 3 / 10 to RMBI.
What is the current trend direction of RICHMOND MUTUAL BANCORPORATI (RMBI) stock?
The current trend direction for RICHMOND MUTUAL BANCORPORATI (RMBI) is Bearish.
What is the RSI signal for RMBI stock?
RICHMOND MUTUAL BANCORPORATI (RMBI) has an RSI value of 50.8361. This indicates that the stock is currently neutral.
What is the MACD signal for RICHMOND MUTUAL BANCORPORATI (RMBI) stock?
The MACD indicator for RICHMOND MUTUAL BANCORPORATI (RMBI) has a value of -0.0386249, indicating a bearish trend.
Can you provide the support and resistance levels for RICHMOND MUTUAL BANCORPORATI?
RICHMOND MUTUAL BANCORPORATI (RMBI) has a support level at 14.09 and a resistance level at 14.1. Check the full technical report for our detailed analysis of RMBI support and resistance levels.