ROCK Technical Analysis - WHITESTONE GROUP

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to ROCK. Both in the recent history as in the last year, ROCK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ROCK has an average volume of 252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

In the last month ROCK has a been trading in the 11.70 - 13.50 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, ROCK did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.

ROCK is an average performer in the Capital Markets industry, it outperforms 62% of 111 stocks in the same industry.

ROCK 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 ROCK is lagging the market slightly.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

WHITESTONE GROUP / ROCK Weekly stock chart

WHITESTONE GROUP / ROCK Daily stock chart

Setup Rating and Analysis

Although ROCK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.47

14.15

2 important support areas can be observed.

A support zone ranging from 12.43 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 11.59 to 12.09. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

Resistance @13.40 from a horizontal line in the daily time frame.
A resistance zone ranging from 13.80 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for ROCK.BR is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ROCK.BR is up.
ChartMill Relative Strength	82.05	POSITIVE	ROCK.BR has a high relative strength, it outperformed 82.05% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ROCK.BR is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ROCK.BR is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ROCK.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)	60.52	NEUTRAL	The RSI value for ROCK.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ROCK.BR has a positive trend.
Stochastics (14,3)	45	NEUTRAL	The Stochastics value for ROCK.BR is a neutral value.
Average True Range in percent/ATR (20)	1.5	LOW VOLATILITY	The low ATR as a percentage value for ROCK.BR suggests low volalility.
Average Directional Index/ADX (14)	13.38	NEGATIVE	The low ADX value for ROCK.BR suggests a weak or negative trend.