ROMEO POWER INC (RMO)

US7761531083 - Common Stock

0.35  -0.01 (-3.18%)

After market: 0.37 +0.02 (+5.71%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RMO. RMO 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.
95% of all other stocks performed better in the past year than RMO.
RMO is one of the lesser performing stocks in the Electrical Equipment industry. 70% of 86 stocks in the same industry do better.
RMO 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 RMO has a been trading in the 0.32 - 0.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RMO has an average volume of 2758670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RMO Weekly chart
RMO Daily chart
Setup Rating and Analysis

3

The technical rating of RMO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

0.35

0.64

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.43 from a trend line in the daily time frame.
  • Resistance @0.63 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.76
Mansfield-7.53
10 Day High0.43
10 Day Low0.32
20 Day High0.63
20 Day Low0.32
52 Week High5.55
52 Week Low0.32
Performance
1 Week-7.28%
2 Weeks-12.5%
1 Month-33.97%
3 Month-39.66%
6 Month-72.22%
12 Month-92.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)32.22
LBB0.31
UBB0.47
RMO Daily chart

ROMEO POWER INC

NYSE:RMO (10/14/2022, 7:04:01 PM)

After market: 0.37 +0.02 (+5.71%)

0.35

-0.01 (-3.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.18%
1 Week-7.28%
2 Weeks-12.5%
1 Month-33.97%
3 Month-39.66%
6 Month-72.22%
12 Month-92.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%12.46%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.43
10 Day Low0.32
20 Day High0.63
20 Day Low0.32
52 Week High5.55
52 Week Low0.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.91M
Volume Incr-33.89%
Vol(5)1.56M
Vol(50)2.76M