RICHMOND MUTUAL BANCORPORATI (RMBI)

US76525P1003 - Common Stock

12  +0.2 (+1.69%)

Technical Rating and Analysis

6

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 part of the Banks industry. There are 411 other stocks in this industry, of which 61% are performing better than RMBI.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: RMBI has an average volume of 21964 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RMBI has a been trading in the 10.15 - 12.02 range, which is quite wide. It is currently trading near the high of this range.
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 49% of all stocks.
RMBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RMBI is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RMBI Weekly chart
RMBI Daily chart
Setup Rating and Analysis

7

RMBI has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

9.93

12.63

We found 4 important support areas.

  • A support zone ranging from 11.32 to 11.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.81 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.57 from a horizontal line in the weekly time frame.
  • Support @10.03 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @12.30 from a trend line in the weekly time frame.
  • Resistance @12.50 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.62
Mansfield-0.62
10 Day High12.02
10 Day Low11
20 Day High12.02
20 Day Low10.15
52 Week High13
52 Week Low9.44
Performance
1 Week6.19%
2 Weeks5.73%
1 Month3.54%
3 Month4.08%
6 Month7.14%
12 Month6.95%
2 Year-21.31%
3 Year-17.86%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)61.94
LBB10.99
UBB11.89
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.3111.311.00 (8.12%)12.31%
An entry @12.31. This is a Buy Stop order right above the resistance zone.An exit @11.31. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.00 points, which is 8.12%.For a 1.00% total portfolio risk, you can invest 12.31% of your capital in this trade.

  • 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.
RMBI Daily chart

RICHMOND MUTUAL BANCORPORATI

NASDAQ:RMBI (5/21/2024, 3:30:02 PM)

12

+0.2 (+1.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.69%
1 Week6.19%
2 Weeks5.73%
1 Month3.54%
3 Month4.08%
6 Month7.14%
12 Month6.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%3.92%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.02
10 Day Low11
20 Day High12.02
20 Day Low10.15
52 Week High13
52 Week Low9.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.01K
Volume Incr37.73%
Vol(5)11.98K
Vol(50)21.96K