Long Extended Russell 1000 Tr Index (ROLA) Stock Technical Analysis
NYSEARCA:ROLA - NYSE Arca -
Overall ROLA gets a technical rating of 9 out of 10. In the last year, ROLA was one of the better performers, but we do observe some doubts in the very recent evolution.
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. On top of that, ROLA also shows a nice and consistent pattern of rising prices.
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.
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
181.68
231.19
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.
We found 1 important resistance 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Long Extended Russell 1000 Tr Index
NYSEARCA:ROLA (3/16/2018, 8:04:02 PM)
228.79
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks-8.48%
1 Month17.32%
3 Month10%
6 Month48.06%
12 Month57.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.57
ATR(20)%6.64%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.66
Mansfield-10
10 Day High314.07
10 Day Low228.79
20 Day High314.07
20 Day Low195.01
52 Week High314.07
52 Week Low106.05
CS1 End212.47
CR1 Start228.8
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-16.67%
Vol(5)100
Vol(50)144