Ranger Oil Corporation (ROCC) Stock Technical Analysis
NASDAQ:ROCC - Nasdaq - US70788V1026 - Common Stock - Currency: USD
Overall ROCC gets a technical rating of 2 out of 10. ROCC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ROCC turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ROCC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, ROCC did better than 69% of them.
ROCC 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 ROCC is lagging the market slightly.
In the last month ROCC has a been trading in the 36.56 - 40.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ROCC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 37.42, a Stop Loss order could be placed below this zone.
More info and screens
35.74
44.42
2 important support areas can be observed.
- A support zone ranging from 37.14 to 37.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.10 to 36.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 38.39 to 39.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.36 to 42.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.78 to 43.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ROCC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROCC is neutral. |
| ChartMill Relative Strength | 54.81 | NEUTRAL | ROCC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for ROCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ROCC has a negative trend. |
| Stochastics (14,3) | 36.69 | NEUTRAL | The Stochastics value for ROCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ROCC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for ROCC 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)
37.47
-0.75 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.96%
1 Week-4%
2 Weeks-4.63%
1 Month-2.7%
3 Month3.77%
6 Month-2.01%
12 Month-0.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%2.79%
ATR Inc9.53%
Range Today1.63
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
CRS54.81
Mansfield-1.23
10 Day High40.04
10 Day Low37.17
20 Day High40.04
20 Day Low36.56
52 Week High45.79
52 Week Low27.26
CS1 End37.42
CR1 Start38.39
Volume & EV
DER(3)-3.38%
DER(5)-2.47%
Volume5.67M
Volume Incr662.59%
Vol(5)1.36M
Vol(50)335.71K