ROYALTY MANAGEMENT HOLDING C (RMCO) Stock Technical Analysis
NASDAQ:RMCO - Nasdaq - US02369M1027 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RMCO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RMCO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RMCO did better than 91% of all other stocks. We also observe that the gains produced by RMCO over the past year are nicely spread over this period.
RMCO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 87% of 83 stocks in the same industry.
RMCO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RMCO has a been trading in the 1.03 - 1.31 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although RMCO 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.
More info and screens
0.93
1.32
When analyzing the support we can see 6 important areas.
- A support zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.06 from a horizontal line in the daily time frame.
- Support @1.02 from a trend line in the weekly time frame.
- Support @0.98 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.
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 RMCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMCO is up. |
| ChartMill Relative Strength | 91.59 | POSITIVE | RMCO has a high relative strength, it outperformed 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMCO is above the rising 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) | 66.69 | NEUTRAL | The RSI value for RMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RMCO has a positive trend. |
| Stochastics (14,3) | 86.4 | OVERBOUGHT | The high Stochastics value suggests RMCO may be overbought. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for RMCO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.71 | POSITIVE | The high ADX value value for RMCO suggests a strong 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 (7/1/2025, 3:22:07 PM)
1.31
+0.01 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.77%
1 Week1.41%
2 Weeks15.89%
1 Month18%
3 Month30.06%
6 Month28.51%
12 Month66.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.65%
ATR Inc-9.23%
Range Today0.12
ADR(20)0.06
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.59
Mansfield1.62
10 Day High1.31
10 Day Low1.12
20 Day High1.31
20 Day Low1.03
52 Week High1.32
52 Week Low0.74
CS1 End1.15
CR1 Start1.28
Volume & EV
DER(3)-18.79%
DER(5)-14.73%
Volume37.01K
Volume Incr-3.58%
Vol(5)20.62K
Vol(50)37.66K