ROCKY MOUNTAIN CHOC FACT INC (RMCF) Technical Analysis
NASDAQ:RMCF • US77467X1019
Current stock price
2.27 USD
-0.04 (-1.73%)
At close:
2.17 USD
-0.1 (-4.41%)
After Hours:
RMCF Technical Rating and Analysis
Taking everything into account, RMCF scores 7 out of 10 in our technical rating. In the last year, RMCF was one of the better performers, but we do observe some doubts in the very recent evolution.
- Looking at the yearly performance, RMCF did better than 92% of all other stocks. On top of that, RMCF also shows a nice and consistent pattern of rising prices.
- RMCF is one of the better performing stocks in the Food Products industry, it outperforms 89% of 87 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- RMCF 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 RMCF is lagging the market slightly.
- In the last month RMCF has a been trading in the 2.08 - 2.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RMCF Weekly and Daily overview Charts
RMCF Setup Rating and Analysis
RMCF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for RMCF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
RMCF Support and Resistance Analysis
1.42
2.75
We found 5 important support areas.
- Support @2.22 from a trend line in the daily time frame.
- A support zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.75 from a trend line in the weekly time frame.
- Support @1.69 from a trend line in the weekly time frame.
- Support @1.43 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.46 from a trend line in the daily time frame.
- Resistance @2.53 from a horizontal line in the daily time frame.
- Resistance @2.72 from a trend line in the weekly time frame.
RMCF Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for RMCF is down. |
| ChartMill Relative Strength | 92.79 | POSITIVE | RMCF has a high relative strength, it outperformed 92.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMCF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RMCF is below 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) | 44.51 | NEUTRAL | The RSI value for RMCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RMCF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.26 | NEUTRAL | The Stochastics value for RMCF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for RMCF suggests high volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for RMCF suggests a weak or negative trend. |
RMCF Chart- and CandleStick Pattern Analysis
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)
RMCF 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.42 | 2.21 | 0.21 (8.68%) | 11.52% |
| An entry @2.42. This is a Buy Stop order right above the resistance zone. | An exit @2.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 8.68%. | When investing 11.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RMCF. 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.
RMCF Technicals: Chart, Performance Metrics, Trend & Indicators
2.27
-0.04 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.73%
1 Week4.61%
2 Weeks-3.81%
1 Month-10.98%
3 Month17.01%
6 Month39.26%
12 Month84.55%
2 Year-37.29%
3 Year-57.17%
5 Year-56.93%
10 Year-77.68%
15 Year-78.15%
Volatility
ATR(14)0.14
ATR(20)%6.17%
ATR Inc-3.29%
Range Today0.18
ADR(20)0.14
ADR(20)%5.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.79
3 months CRS90.71
6 months CRS93.9
Mansfield3.47
10 Day High2.57
10 Day Low2.08
20 Day High2.64
20 Day Low2.08
52 Week High2.99
52 Week Low1.12
CS1 End2.22
CR1 Start2.38
Volume & EV
DER(3)3.15%
DER(5)9.25%
Volume18.10K
Volume Incr-53.72%
Vol(5)15.84K
Vol(50)54.26K
ROCKY MOUNTAIN CHOC FACT INC / RMCF TA FAQ
What is the ChartMill technical rating of ROCKY MOUNTAIN CHOC FACT INC (RMCF) stock?
ChartMill assigns a technical rating of 7 / 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 44.5083. 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 negative.
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 hold as the short term and long term trends are mixed.