RMR GROUP INC/THE - A (RMR) Stock Technical Analysis
USA - NASDAQ:RMR - US74967R1068 - Common Stock
Taking everything into account, RMR scores 0 out of 10 in our technical rating. RMR'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.
RMR 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
14.22
When analyzing the support we notice one important area.
- A support zone ranging from 14.36 to 14.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.75 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.72 to 17.72. 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 | DOWN | NEGATIVE | The long term trend for RMR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMR is neutral. |
| ChartMill Relative Strength | 12.57 | NEGATIVE | RMR has a low relative strength, it was outperformed by 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RMR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.47 | NEUTRAL | The RSI value for RMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RMR has a positive trend. |
| Stochastics (14,3) | 34.87 | NEUTRAL | The Stochastics value for RMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for RMR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.23 | NEUTRAL | The ADX value for RMR suggests a possible start of a new trend. |
15.47
+0.81 (+5.53%)
RMR GROUP INC/THE - A / RMR FAQ
What is the ChartMill technical rating of RMR GROUP INC/THE - A (RMR) stock?
ChartMill assigns a technical rating of 0 / 10 to RMR.
Can you provide the trend direction for RMR GROUP INC/THE - A?
The current trend direction for RMR GROUP INC/THE - A (RMR) is Bearish.
What is the RSI signal for RMR GROUP INC/THE - A (RMR) stock?
RMR GROUP INC/THE - A (RMR) has an RSI value of 54.4673. This indicates that the stock is currently neutral.
What is the short term momentum for RMR stock?
The short term momentum for RMR GROUP INC/THE - A (RMR) is neutral.
What are the support and resistance levels for RMR GROUP INC/THE - A (RMR) stock?
RMR GROUP INC/THE - A (RMR) has a support level at 14.61 and a resistance level at 16.75. Check the full technical report for our detailed analysis of RMR support and resistance levels.