We assign a technical rating of 0 out of 10 to RMTI. RMTI 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 technical rating of RMTI is bad and it also does not present a quality setup 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.
More info and screens
0.84
2 important support areas can be observed.
- A support zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 from a trend line in the weekly 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 RMTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMTI is down. |
| ChartMill Relative Strength | 4.4 | NEGATIVE | RMTI has a low relative strength, it was outperformed by 95.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.39 | NEUTRAL | The RSI value for RMTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RMTI has a positive trend. |
| Stochastics (14,3) | 38.13 | NEUTRAL | The Stochastics value for RMTI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for RMTI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for RMTI suggests a possible start of a new trend. |
0.9589
+0.04 (+4.81%)
ROCKWELL MEDICAL INC / RMTI FAQ
What is the ChartMill technical rating of ROCKWELL MEDICAL INC (RMTI) stock?
ChartMill assigns a technical rating of 0 / 10 to RMTI.
What is the trend direction for RMTI stock?
The current trend direction for ROCKWELL MEDICAL INC (RMTI) is Bearish.
What is the RSI signal for ROCKWELL MEDICAL INC (RMTI) stock?
ROCKWELL MEDICAL INC (RMTI) has an RSI value of 44.3855. This indicates that the stock is currently neutral.
What is the MACD signal for RMTI stock?
The MACD indicator for ROCKWELL MEDICAL INC (RMTI) has a value of 0.00806987, indicating a bearish trend.
What is the buy/sell signal for RMTI stock?
The buy/sell signal for ROCKWELL MEDICAL INC (RMTI) is sell as both the short term and long term trends are negative.