ROYALTY MANAGEMENT HOLDING C (RMCO) Stock Technical Analysis
NASDAQ:RMCO - Nasdaq - US02369M1027 - Common Stock - Currency: USD
Taking everything into account, RMCO scores 0 out of 10 in our technical rating. RMCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, RMCO is a bad performer in the overall market: 69% of all stocks are doing better.
In the last month RMCO has a been trading in the 0.98 - 1.30 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RMCO is an average performer in the Commercial Services & Supplies industry, it outperforms 42% of 83 stocks in the same industry.
RMCO 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 RMCO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
RMCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RMCO 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
0.93
1.23
4 important support areas can be observed.
- Support @1.02 from a trend line in the daily time frame.
- Support @1.00 from a trend line in the weekly time frame.
- Support @0.97 from a trend line in the daily time frame.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.17 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for RMCO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMCO is down. |
| ChartMill Relative Strength | 31.59 | NEUTRAL | RMCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.12 | NEUTRAL | The RSI value for RMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RMCO has a negative trend. |
| Stochastics (14,3) | 26.63 | NEUTRAL | The Stochastics value for RMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.01 | HIGH VOLATILITY | The high ATR as a percentage value for RMCO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for RMCO 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)
NASDAQ:RMCO (6/6/2025, 8:25:35 PM)
1.05
-0.03 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.47%
1 Week-4.55%
2 Weeks-8.7%
1 Month-4.11%
3 Month4.48%
6 Month10.54%
12 Month-13.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.01%
ATR Inc-53.6%
Range Today0.02
ADR(20)0.08
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.59
Mansfield-0.1
10 Day High1.23
10 Day Low0.98
20 Day High1.3
20 Day Low0.98
52 Week High1.38
52 Week Low0.74
CS1 End1.02
CR1 Start1.11
Volume & EV
DER(3)10.1%
DER(5)14.52%
Volume1.90K
Volume Incr-69.86%
Vol(5)8.74K
Vol(50)43.96K