Long Extended Russell 1000 Tr Index (ROLA) Technical Analysis
NYSEARCA:ROLA
Current stock price
ROLA Technical Rating and Analysis
Taking everything into account, ROLA scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month ROLA has a been trading in the 195.01 - 314.07 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ROLA has an average volume of 144 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that ROLA is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by ROLA over the past year are nicely spread over this period.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- ROLA 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 ROLA is lagging the market slightly.
ROLA Weekly and Daily overview Charts
ROLA Setup Rating and Analysis
Although ROLA 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
ROLA Support and Resistance Analysis
181.68
When analyzing the support we can see 4 important areas.
- Support @212.47 from a trend line in the daily time frame.
- Support @206.01 from a trend line in the weekly time frame.
- A support zone ranging from 195.00 to 195.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 183.52 to 183.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 228.80 to 228.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ROLA 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 ROLA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROLA is down. |
| ChartMill Relative Strength | 89.66 | POSITIVE | ROLA has a high relative strength, it outperformed 89.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ROLA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.93 | NEUTRAL | The RSI value for ROLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.05 | NEGATIVE | The MACD value suggests ROLA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for ROLA suggests high volalility. |
ROLA Chart- and CandleStick Pattern Analysis
ROLA Technicals: Chart, Performance Metrics, Trend & Indicators
Long Extended Russell 1000 Tr Index
NYSEARCA:ROLA (3/16/2018, 8:04:02 PM)
228.79
0 (0%)
Long Extended Russell 1000 Tr Index / ROLA TA FAQ
What is the ChartMill technical rating of Long Extended Russell 1000 Tr Index (ROLA) stock?
ChartMill assigns a technical rating of 8 / 10 to ROLA.
What is the current trend direction of Long Extended Russell 1000 Tr Index (ROLA) stock?
The current trend direction for Long Extended Russell 1000 Tr Index (ROLA) is Bullish.
What is the RSI signal for ROLA stock?
Long Extended Russell 1000 Tr Index (ROLA) has an RSI value of 46.9332. This indicates that the stock is currently neutral.
What is the MACD signal for Long Extended Russell 1000 Tr Index (ROLA) stock?
The MACD indicator for Long Extended Russell 1000 Tr Index (ROLA) has a value of -6.05012, indicating a bearish trend.
What are the support and resistance levels for Long Extended Russell 1000 Tr Index (ROLA) stock?
Long Extended Russell 1000 Tr Index (ROLA) has a support level at 212.47 and a resistance level at 228.8. Check the full technical report for our detailed analysis of ROLA support and resistance levels.