Roth Ch Acquisition I CO (ROCH) Stock Technical Analysis
NASDAQ:ROCH
Overall ROCH gets a technical rating of 7 out of 10. Although ROCH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ROCH is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- ROCH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ROCH is lagging the market slightly.
- In the last month ROCH has a been trading in the 15.64 - 30.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ROCH has an excellent technical rating, it does not present a decent entry opportunity 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
18.88
We found 2 important support areas.
- Support @20.20 from a trend line in the daily time frame.
- Support @19.07 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for ROCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROCH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ROCH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROCH is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.2 | NEUTRAL | The RSI value for ROCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ROCH has a positive trend. |
| Stochastics (14,3) | 83.49 | OVERBOUGHT | The high Stochastics value suggests ROCH may be overbought. |
| Average True Range in percent/ATR (20) | 12.01 | HIGH VOLATILITY | The high ATR as a percentage value for ROCH suggests high volalility. |
28.9
+3.15 (+12.23%)
Roth Ch Acquisition I CO / ROCH FAQ
What is the ChartMill technical rating of Roth Ch Acquisition I CO (ROCH) stock?
ChartMill assigns a technical rating of 7 / 10 to ROCH.
What is the current trend direction of Roth Ch Acquisition I CO (ROCH) stock?
The current trend direction for Roth Ch Acquisition I CO (ROCH) is Bullish.
What is the RSI signal for Roth Ch Acquisition I CO (ROCH) stock?
Roth Ch Acquisition I CO (ROCH) has an RSI value of 63.2009. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Roth Ch Acquisition I CO?
The MACD indicator for Roth Ch Acquisition I CO (ROCH) has a value of 0.274107, indicating a bearish trend.
What is the buy/sell signal for ROCH stock?
The buy/sell signal for Roth Ch Acquisition I CO (ROCH) is buy as both the short term and long term trends are positive.