RHINO RESOURCE PARTNERS LP (RNO) Stock Technical Analysis
NYSE:RNO - New York Stock Exchange, Inc. - US76218Y1038
Taking everything into account, RNO scores 0 out of 10 in our technical rating. RNO 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RNO is a bad performer in the overall market: 99% of all stocks are doing better.
RNO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RNO is lagging the market.
In the last month RNO has a been trading in the 0.26 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of RNO 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
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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 RNO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNO is down. |
| ChartMill Relative Strength | 1.98 | NEGATIVE | RNO has a low relative strength, it was outperformed by 98.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.3 | OVERSOLD | The low RSI value suggests RNO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RNO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.6 | OVERSOLD | The low Stochastics value suggests RNO may be oversold. |
| Average True Range in percent/ATR (20) | 22.76 | HIGH VOLATILITY | The high ATR as a percentage value for RNO suggests high volalility. |
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:RNO (12/17/2015, 8:23:57 PM)
0.29
+0.01 (+3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.57%
1 Week-30.95%
2 Weeks-32.56%
1 Month-52.46%
3 Month-71%
6 Month-78.03%
12 Month-87.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%22.76%
ATR Inc-70.21%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.98
Mansfield-8.08
10 Day High0.45
10 Day Low0.26
20 Day High0.64
20 Day Low0.26
52 Week High2.93
52 Week Low0.26
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-22.62%
DER(5)-15.28%
Volume60.20K
Volume Incr89.46%
Vol(5)90.76K
Vol(50)43.47K