We assign a technical rating of 7 out of 10 to ROCH. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ROCH is a bad performer.
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.
18.88
When analyzing the support we can see 2 important areas.
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%)
ChartMill assigns a technical rating of 7 / 10 to ROCH.
The current trend direction for Roth Ch Acquisition I CO (ROCH) is Bullish.
Roth Ch Acquisition I CO (ROCH) has an RSI value of 63.2009. This indicates that the stock is currently neutral.
The MACD indicator for Roth Ch Acquisition I CO (ROCH) has a value of 0.274107, indicating a bearish trend.
The buy/sell signal for Roth Ch Acquisition I CO (ROCH) is buy as both the short term and long term trends are positive.