ROYCE MICRO-CAP TRUST INC (RMT) Stock Technical Analysis
NYSE:RMT - New York Stock Exchange, Inc. - US7809151043 - Currency: USD
Taking everything into account, RMT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RMT was also a bad performer in the overall market in the last year.
68% of all other stocks performed better in the past year than RMT.
RMT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
RMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMT is lagging the market slightly.
Although the technical rating is only medium, RMT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.72, a Stop Loss order could be placed below this zone.
More info and screens
7.56
10.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.63 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.64 to 7.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.74 to 8.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.73 to 9.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.34 from a horizontal line in the daily time frame.
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 RMT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMT is up. |
| ChartMill Relative Strength | 32.93 | NEUTRAL | RMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for RMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RMT has a negative trend. |
| Stochastics (14,3) | 61.23 | NEUTRAL | The Stochastics value for RMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for RMT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for RMT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:RMT (6/2/2025, 8:04:00 PM)
8.73
-0.02 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week1.04%
2 Weeks-0.91%
1 Month5.05%
3 Month-1.8%
6 Month-14.66%
12 Month-8.11%
2 Year-0.23%
3 Year4.43%
5 Year21.25%
10 Year-5.31%
15 Year18.94%
Volatility
ATR(14)0.14
ATR(20)%1.72%
ATR Inc-32.71%
Range Today0.11
ADR(20)0.14
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.93
Mansfield-0.97
10 Day High8.89
10 Day Low8.56
20 Day High8.89
20 Day Low8.14
52 Week High10.43
52 Week Low7.25
CS1 End8.72
CR1 Start8.74
Volume & EV
DER(3)-2.45%
DER(5)-3.88%
Volume152.60K
Volume Incr-21.75%
Vol(5)117.56K
Vol(50)162.06K