ROCKY MOUNTAIN CHOC FACT INC (RMCF) Stock Technical Analysis
NASDAQ:RMCF • US77467X1019
Taking everything into account, RMCF scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RMCF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- RMCF is part of the Food Products industry. There are 88 other stocks in this industry. RMCF outperforms 95% of them.
- RMCF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RMCF has a been trading in the 1.91 - 2.99 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, RMCF did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RMCF has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
1.42
4 important support areas can be observed.
- A support zone ranging from 2.40 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.68 from a trend line in the weekly time frame.
- Support @1.53 from a trend line in the daily time frame.
- Support @1.43 from a horizontal line in the daily time frame.
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 RMCF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMCF is up. |
| ChartMill Relative Strength | 93.77 | POSITIVE | RMCF has a high relative strength, it outperformed 93.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMCF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMCF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMCF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.39 | NEUTRAL | The RSI value for RMCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RMCF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.26 | OVERBOUGHT | The high Stochastics value suggests RMCF may be overbought. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for RMCF suggests high volalility. |
| Average Directional Index/ADX (14) | 52.89 | POSITIVE | The high ADX value value for RMCF suggests a strong trend. |
2.76
-0.15 (-5.15%)
ROCKY MOUNTAIN CHOC FACT INC / RMCF FAQ
What is the ChartMill technical rating of ROCKY MOUNTAIN CHOC FACT INC (RMCF) stock?
ChartMill assigns a technical rating of 9 / 10 to RMCF.
What is the trend direction for RMCF stock?
The current trend direction for ROCKY MOUNTAIN CHOC FACT INC (RMCF) is Bullish.
Can you provide the RSI signal for ROCKY MOUNTAIN CHOC FACT INC?
ROCKY MOUNTAIN CHOC FACT INC (RMCF) has an RSI value of 65.3903. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ROCKY MOUNTAIN CHOC FACT INC?
The short term momentum for ROCKY MOUNTAIN CHOC FACT INC (RMCF) is positive.
Can you provide the buy/sell signal for ROCKY MOUNTAIN CHOC FACT INC?
The buy/sell signal for ROCKY MOUNTAIN CHOC FACT INC (RMCF) is buy as both the short term and long term trends are positive.