ROTH CH ACQUISITION V CO (ROCL) Technical Analysis
NASDAQ:ROCL • US77867R1005
Current stock price
ROCL Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ROCL. ROCL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 78% of all other stocks performed better in the past year than ROCL.
- ROCL 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 ROCL is lagging the market.
- In the last month ROCL has a been trading in the 9.85 - 12.20 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.
- Warning: ROCL has an average volume of 12596 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ROCL Weekly and Daily overview Charts
ROCL Setup Rating and Analysis
The technical rating of ROCL 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
ROCL Support and Resistance Analysis
9.77
We found 1 important support area.
- A support zone ranging from 9.87 to 9.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.07 to 11.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.82 from a horizontal line in the daily time frame.
ROCL 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 | NEUTRAL | NEUTRAL | The long term trend for ROCL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROCL is neutral. |
| ChartMill Relative Strength | 22.52 | NEGATIVE | ROCL has a low relative strength, it was outperformed by 77.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.81 | OVERSOLD | The low RSI value suggests ROCL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ROCL has a negative trend. |
| Stochastics (14,3) | 11.08 | OVERSOLD | The low Stochastics value suggests ROCL may be oversold. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ROCL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for ROCL suggests a strong trend. |
ROCL Chart- and CandleStick Pattern Analysis
ROCL Technicals: Chart, Performance Metrics, Trend & Indicators
9.88
-0.88 (-8.18%)
ROTH CH ACQUISITION V CO / ROCL TA FAQ
What is the technical rating for ROCL stock?
ChartMill assigns a technical rating of 1 / 10 to ROCL.
What is the trend direction for ROCL stock?
The current trend direction for ROTH CH ACQUISITION V CO (ROCL) is Bearish.
What is the RSI signal for ROCL stock?
ROTH CH ACQUISITION V CO (ROCL) has an RSI value of 24.8139. This indicates that the stock is currently oversold.
What is the MACD signal for ROCL stock?
The MACD indicator for ROTH CH ACQUISITION V CO (ROCL) has a value of -0.148641, indicating a bearish trend.
What is the short term momentum for ROCL stock?
The short term momentum for ROTH CH ACQUISITION V CO (ROCL) is neutral.