RICHMOND MUTUAL BANCORPORATI (RMBI) Stock Technical Analysis
NASDAQ:RMBI - Nasdaq - US76525P1003 - Common Stock - Currency: USD
Taking everything into account, RMBI scores 10 out of 10 in our technical rating. RMBI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RMBI is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, RMBI also shows a nice and consistent pattern of rising prices.
RMBI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RMBI is performing more or less in line with the market.
In the last month RMBI has a been trading in the 13.04 - 14.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RMBI is an average performer in the Banks industry, it outperforms 69% of 396 stocks in the same industry.
Besides having an excellent technical rating, RMBI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 14.21, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.48
15.04
We found 3 important support areas.
- A support zone ranging from 13.99 to 14.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.14 from a trend line in the weekly time frame.
- Support @11.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @14.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.82 to 14.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.87
Mansfield0.58
10 Day High14.68
10 Day Low13.59
20 Day High14.68
20 Day Low13.04
52 Week High15.15
52 Week Low10.88
Performance
1 Week1.2%
2 Weeks0.28%
1 Month10.08%
3 Month8.99%
6 Month2.95%
12 Month19.75%
2 Year27.31%
3 Year-6.16%
5 Year28.69%
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)-0.02
RSI(14)60.53
LBB13.86
UBB14.5
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 |
|---|---|---|---|
| 14.52 | 13.98 | 0.54 (3.72%) | 25.00% |
| An entry @14.52. This is a Buy Stop order right above the resistance zone. | An exit @13.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 3.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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 (5/19/2025, 8:09:53 PM)
14.31
+0.1 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.7%
1 Week1.2%
2 Weeks0.28%
1 Month10.08%
3 Month8.99%
6 Month2.95%
12 Month19.75%
2 Year27.31%
3 Year-6.16%
5 Year28.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%3.36%
ATR Inc6.17%
Range Today0.47
ADR(20)0.47
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.87
Mansfield0.58
10 Day High14.68
10 Day Low13.59
20 Day High14.68
20 Day Low13.04
52 Week High15.15
52 Week Low10.88
CS1 End14.21
CR1 Start14.51
Volume & EV
DER(3)0.84%
DER(5)2.38%
Volume26.90K
Volume Incr-2.85%
Vol(5)36.42K
Vol(50)32.60K