RANDOLPH BANCORP INC (RNDB) Technical Analysis
NASDAQ:RNDB • US7523781091
Current stock price
RNDB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RNDB. Both in the recent history as in the last year, RNDB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: RNDB has an average volume of 6204 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RNDB did better than 93% of all other stocks. We also observe that the gains produced by RNDB over the past year are nicely spread over this period.
- RNDB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RNDB has a been trading in a tight range between 26.50 and 27.00.
RNDB Weekly and Daily overview Charts
RNDB Setup Rating and Analysis
RNDB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
RNDB Support and Resistance Analysis
19.32
4 important support areas can be observed.
- A support zone ranging from 25.42 to 26.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.55 from a trend line in the weekly time frame.
- Support @20.03 from a horizontal line in the weekly time frame.
- Support @19.52 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.00 to 27.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
RNDB 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 RNDB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RNDB is up. |
| ChartMill Relative Strength | 93.89 | POSITIVE | RNDB has a high relative strength, it outperformed 93.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNDB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.59 | NEUTRAL | The RSI value for RNDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RNDB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.33 | OVERBOUGHT | The high Stochastics value suggests RNDB may be overbought. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for RNDB suggests low volalility. |
| Average Directional Index/ADX (14) | 55.47 | POSITIVE | The high ADX value value for RNDB suggests a strong trend. |
RNDB Chart- and CandleStick Pattern Analysis
RNDB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.02 | 26.62 | 0.40 (1.48%) | 25.00% |
| An entry @27.02. This is a Buy Stop order right above the resistance zone. | An exit @26.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 1.48%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RNDB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:RNDB (10/7/2022, 8:10:51 PM)
26.99
-0.01 (-0.04%)
RANDOLPH BANCORP INC / RNDB TA FAQ
Can you provide the ChartMill technical rating for RANDOLPH BANCORP INC?
ChartMill assigns a technical rating of 9 / 10 to RNDB.
What is the current trend direction of RANDOLPH BANCORP INC (RNDB) stock?
The current trend direction for RANDOLPH BANCORP INC (RNDB) is Bullish.
Can you provide the RSI signal for RANDOLPH BANCORP INC?
RANDOLPH BANCORP INC (RNDB) has an RSI value of 66.588. This indicates that the stock is currently neutral.
What is the MACD signal for RANDOLPH BANCORP INC (RNDB) stock?
The MACD indicator for RANDOLPH BANCORP INC (RNDB) has a value of 0.0208063, indicating a bearish trend.
What is the buy/sell signal for RNDB stock?
The buy/sell signal for RANDOLPH BANCORP INC (RNDB) is buy as both the short term and long term trends are positive.