ROYAL MAIL PLC (RMG.L) Stock Technical Analysis
LON:RMG - London Exchange - GB00BDVZYZ77 - Common Stock - Currency: GBX
We assign a technical rating of 0 out of 10 to RMG. RMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than RMG.
RMG 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.
In the last month RMG has a been trading in the 177.15 - 270.30 range, which is quite wide. It is currently trading near the lows of this range.
RMG has an average volume of 1515610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RMG has a poor technical rating and the quality of the setup is also only medium 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
196.14
269.27
4 important resistance areas can be observed.
- Resistance @207.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 240.16 to 242.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 248.88 to 250.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @266.60 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 | DOWN | NEGATIVE | The long term trend for RMG.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMG.L is down. |
| ChartMill Relative Strength | 6.9 | NEGATIVE | RMG.L has a low relative strength, it was outperformed by 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMG.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMG.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMG.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.22 | NEUTRAL | The RSI value for RMG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests RMG.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for RMG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for RMG.L suggests high volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for RMG.L 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)
LON:RMG (10/5/2022, 5:29:56 PM)
198.125
-8.87 (-4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.29%
1 Week6.6%
2 Weeks-7.81%
1 Month-23.94%
3 Month-27.8%
6 Month-39.78%
12 Month-51.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.03
ATR(20)%6.13%
ATR Inc1.84%
Range Today14.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.9
Mansfield-3.66
10 Day High215.2
10 Day Low177.15
20 Day High270.3
20 Day Low177.15
52 Week High531.6
52 Week Low177.15
CS1 EndN/A
CR1 Start207
Volume & EV
DER(3)-1.3%
DER(5)-0.15%
Volume310.45K
Volume Incr7.08%
Vol(5)1.92M
Vol(50)1.52M