RMS Technical Analysis - HERMES INTERNATIONAL

Technical Rating and Analysis

Taking everything into account, RMS scores 0 out of 10 in our technical rating. RMS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

When comparing the yearly performance of all stocks, RMS is a bad performer in the overall market: 86% of all stocks are doing better.

RMS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

RMS is part of the Textiles, Apparel & Luxury Goods industry. There are 44 other stocks in this industry, RMS did better than 44% of them.

In the last month RMS has a been trading in the 1998.00 - 2178.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

HERMES INTERNATIONAL / RMS Weekly stock chart

HERMES INTERNATIONAL / RMS Daily stock chart

Setup Rating and Analysis

RMS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2050.46, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1,998.81

2,452.28

When analyzing the support we notice one important area.

A support zone ranging from 2019.00 to 2050.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 2087.05 to 2157.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2211.31 from a trend line in the weekly time frame.
Resistance @2275.24 from a trend line in the daily time frame.
Resistance @2428.00 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 RMS.PA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for RMS.PA is neutral.
ChartMill Relative Strength	14.03	NEGATIVE	RMS.PA has a low relative strength, it was outperformed by 85.97% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RMS.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RMS.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of RMS.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.12	NEUTRAL	The RSI value for RMS.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.33	POSITIVE	The MACD value suggests RMS.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	45.49	NEUTRAL	The Stochastics value for RMS.PA is a neutral value.
Average True Range in percent/ATR (20)	2.3	MEDIUM VOLATILITY	The ATR as a percentage value for RMS.PA suggests some volalility.
Average Directional Index/ADX (14)	16	NEGATIVE	The low ADX value for RMS.PA suggests a weak or negative trend.