RHINO RESOURCE PARTNERS LP (RNO) Technical Analysis
NYSE:RNO • US76218Y1038
Current stock price
RNO Technical Rating and Analysis
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.
- 99% of all other stocks performed better in the past year than RNO.
- 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.
RNO Weekly and Daily overview Charts
RNO Setup Rating and Analysis
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
RNO Support and Resistance Analysis
RNO 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 | 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. |
RNO Chart- and CandleStick Pattern Analysis
RNO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:RNO (12/17/2015, 8:23:57 PM)
0.29
+0.01 (+3.57%)
RHINO RESOURCE PARTNERS LP / RNO TA FAQ
Can you provide the ChartMill technical rating for RHINO RESOURCE PARTNERS LP?
ChartMill assigns a technical rating of 0 / 10 to RNO.
What is the trend direction for RNO stock?
The current trend direction for RHINO RESOURCE PARTNERS LP (RNO) is Bearish.
What is the RSI signal for RNO stock?
RHINO RESOURCE PARTNERS LP (RNO) has an RSI value of 29.298. This indicates that the stock is currently oversold.
What is the MACD signal for RNO stock?
The MACD indicator for RHINO RESOURCE PARTNERS LP (RNO) has a value of -0.00411943, indicating a bearish trend.
What is the short term momentum for RHINO RESOURCE PARTNERS LP (RNO) stock?
The short term momentum for RHINO RESOURCE PARTNERS LP (RNO) is negative.