RMR GROUP INC/THE - A (RMR) Stock Technical Analysis
NASDAQ:RMR • US74967R1068
Taking everything into account, RMR scores 5 out of 10 in our technical rating. In the last year, RMR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 68% of all other stocks performed better in the past year than RMR.
- In the last month RMR has a been trading in the 14.97 - 18.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- RMR is an average performer in the Real Estate Management & Development industry, it outperforms 59% of 63 stocks in the same industry.
- RMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RMR is lagging the market.
Although the technical rating is only medium, RMR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for RMR 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
14.23
We found 3 important support areas.
- Support @15.30 from a trend line in the daily time frame.
- Support @14.88 from a horizontal line in the daily time frame.
- A support zone ranging from 14.37 to 14.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @17.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 17.60 to 17.82. 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 | NEUTRAL | NEUTRAL | The long term trend for RMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMR is neutral. |
| ChartMill Relative Strength | 32.06 | NEUTRAL | RMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RMR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.05 | NEUTRAL | The RSI value for RMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests RMR has a negative trend. |
| Stochastics (14,3) | 22.48 | NEUTRAL | The Stochastics value for RMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for RMR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for RMR suggests a weak or negative trend. |
16.38
-0.23 (-1.38%)
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 5 / 10 to RMR.
What is the current trend direction of RMR GROUP INC/THE - A (RMR) stock?
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 49.0486. 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.