USA - NYSE:RMT - US7809151043
Overall RMT gets a technical rating of 0 out of 10. RMT'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.
RMT has a poor technical rating and the quality of the setup is also not perfect 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.
9.41
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 RMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMT is down. |
| ChartMill Relative Strength | 35.82 | NEUTRAL | RMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.59 | OVERSOLD | The low RSI value suggests RMT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RMT has a negative trend. |
| Stochastics (14,3) | 8.37 | OVERSOLD | The low Stochastics value suggests RMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RMT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.32 | NEUTRAL | The ADX value for RMT suggests a possible start of a new trend. |
9.52
-0.2 (-2.06%)
ChartMill assigns a technical rating of 0 / 10 to RMT.
The current trend direction for ROYCE MICRO-CAP TRUST INC (RMT) is Bearish.
ROYCE MICRO-CAP TRUST INC (RMT) has an RSI value of 28.5872. This indicates that the stock is currently oversold.
The short term momentum for ROYCE MICRO-CAP TRUST INC (RMT) is negative.