RMSG Technical Analysis - REAL MESSENGER CORP

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to RMSG. RMSG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, RMSG is a bad performer in the overall market: 100% of all stocks are doing better.

RMSG is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry, of which 92% are performing better than RMSG.

Warning: RMSG has an average volume of 15006 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

In the last month RMSG has a been trading in the 1.72 - 2.59 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

REAL MESSENGER CORP / RMSG Weekly stock chart

REAL MESSENGER CORP / RMSG Daily stock chart

Setup Rating and Analysis

RMSG 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.69

2.45

We found 3 important support areas.

A support zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @1.86 from a trend line in the daily time frame.
Support @1.71 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 2.01 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @2.43 from a horizontal line in the weekly time frame.

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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	UP	POSITIVE	The long term trend for RMSG is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for RMSG is down.
ChartMill Relative Strength	0	NEGATIVE	RMSG has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RMSG is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of RMSG is below the rising SMA(50).
Relative Strength Index/RSI (14)	42.22	NEUTRAL	The RSI value for RMSG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests RMSG has a negative trend, although the MACD value is rising.
Stochastics (14,3)	31.99	NEUTRAL	The Stochastics value for RMSG is a neutral value.
Average True Range in percent/ATR (20)	8.07	HIGH VOLATILITY	The high ATR as a percentage value for RMSG suggests high volalility.
Average Directional Index/ADX (14)	33.59	POSITIVE	The high ADX value value for RMSG suggests a strong trend.