ROCKY MOUNTAIN CHOC FACT INC (RMCF) Stock Technical Analysis
NASDAQ:RMCF - Nasdaq - US77467X1019 - Common Stock - Currency: USD
Overall RMCF gets a technical rating of 0 out of 10. RMCF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than RMCF.
RMCF is part of the Food Products industry. There are 89 other stocks in this industry, of which 77% are performing better than RMCF.
RMCF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: RMCF has an average volume of 10847 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RMCF has a been trading in the 1.14 - 1.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RMCF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.13, a Stop Loss order could be placed below this zone.
More info and screens
1.11
1.94
We found 1 important support area.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.18 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.33 from a horizontal line in the weekly time frame.
- Resistance @1.80 from a trend line in the weekly time frame.
- Resistance @1.92 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for RMCF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMCF is neutral. |
| ChartMill Relative Strength | 10.14 | NEGATIVE | RMCF has a low relative strength, it was outperformed by 89.86% 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) | DOWN | NEGATIVE | The current price of RMCF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMCF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.13 | NEUTRAL | The RSI value for RMCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RMCF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.13 | OVERSOLD | The low Stochastics value suggests RMCF may be oversold. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for RMCF suggests some volalility. |
| Average Directional Index/ADX (14) | 8.17 | NEGATIVE | The low ADX value for RMCF suggests a weak or negative trend. |
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)
1.17
-0.02 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.68%
1 Week-1.68%
2 Weeks-0.85%
1 Month0%
3 Month-5.65%
6 Month-51.05%
12 Month-49.79%
2 Year-78.13%
3 Year-83.02%
5 Year-72.47%
10 Year-91.12%
15 Year-87.41%
Volatility
ATR(14)0.04
ATR(20)%4.15%
ATR Inc-5.17%
Range Today0.05
ADR(20)0.05
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.14
Mansfield-4.08
10 Day High1.23
10 Day Low1.16
20 Day High1.29
20 Day Low1.14
52 Week High3.49
52 Week Low1.12
CS1 End1.13
CR1 Start1.18
Volume & EV
DER(3)2.3%
DER(5)2.57%
Volume26.43K
Volume Incr61.51%
Vol(5)16.69K
Vol(50)10.85K