NASDAQ:RMBS - Nasdaq - US7509171069 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to RMBS. Although RMBS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RMBS has an excellent technical rating, it does not present a decent entry opportunity 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.
43.55
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 RMBS is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMBS is neutral. |
ChartMill Relative Strength | 71.53 | POSITIVE | RMBS has a high relative strength, it outperformed 71.53% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of RMBS is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMBS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMBS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for RMBS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests RMBS has a negative trend. |
Stochastics (14,3) | 35.74 | NEUTRAL | The Stochastics value for RMBS is a neutral value. |
Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for RMBS suggests some volalility. |
Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for RMBS suggests a weak or negative trend. |
62.85
-1.36 (-2.12%)