RBC BEARINGS INC (ROLL) Stock Technical Analysis
NASDAQ:ROLL - Nasdaq - US75524B1044 - Common Stock - Currency: USD
Taking everything into account, ROLL scores 4 out of 10 in our technical rating. ROLL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ROLL has a been trading in the 211.53 - 260.00 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.
ROLL is one of the better performing stocks in the Machinery industry, it outperforms 88% of 128 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ROLL is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ROLL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROLL is lagging the market.
ROLL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
210.25
240.86
We found 1 important support area.
- A support zone ranging from 212.37 to 212.37. 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 232.08 to 238.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 ROLL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROLL is down. |
| ChartMill Relative Strength | 92.31 | POSITIVE | ROLL has a high relative strength, it outperformed 92.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROLL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ROLL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROLL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.12 | NEUTRAL | The RSI value for ROLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.76 | NEGATIVE | The MACD value suggests ROLL has a negative trend. |
| Stochastics (14,3) | 1.14 | OVERSOLD | The low Stochastics value suggests ROLL may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for ROLL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.06 | NEUTRAL | The ADX value for ROLL suggests a possible start of a new trend. |
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)
212.38
-8.23 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.73%
1 Week-8.44%
2 Weeks-17.11%
1 Month-16.09%
3 Month16.57%
6 Month8.98%
12 Month0.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.22
ATR(20)%4.11%
ATR Inc0.86%
Range Today6.48
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
CRS92.31
Mansfield2.08
10 Day High260
10 Day Low211.53
20 Day High260
20 Day Low211.53
52 Week High264.94
52 Week Low152.9
CS1 End212.37
CR1 Start232.08
Volume & EV
DER(3)0.55%
DER(5)-0.93%
Volume211.90K
Volume Incr33.16%
Vol(5)204.32K
Vol(50)163.01K