ROMA GREEN FINANCE LTD (ROMA) Stock Technical Analysis
NASDAQ:ROMA - Nasdaq - KYG7633Y1089 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ROMA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ROMA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ROMA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 100% of 83 stocks in the same industry.
A new 52 week high is currently being made by ROMA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ROMA is leading the market.
In the last month ROMA has a been trading in the 1.25 - 3.21 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that ROMA is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ROMA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.07
3.13
We found 1 important support area.
- A support zone ranging from 2.09 to 2.11. 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 | UP | POSITIVE | The long term trend for ROMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROMA is up. |
| ChartMill Relative Strength | 99.59 | POSITIVE | ROMA has a high relative strength, it outperformed 99.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 90 | OVERBOUGHT | The high RSI value suggests ROMA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ROMA has a positive trend. |
| Stochastics (14,3) | 90.4 | OVERBOUGHT | The high Stochastics value suggests ROMA may be overbought. |
| Average True Range in percent/ATR (20) | 10.15 | HIGH VOLATILITY | The high ATR as a percentage value for ROMA suggests high volalility. |
| Average Directional Index/ADX (14) | 59.06 | POSITIVE | The high ADX value value for ROMA suggests a strong 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)
3.1
+0.11 (+3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg3.68%
1 Week53.47%
2 Weeks49.04%
1 Month154.06%
3 Month339.47%
6 Month360.62%
12 Month380.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%10.15%
ATR Inc104.98%
Range Today0.59
ADR(20)0.31
ADR(20)%10.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.59
Mansfield24.79
10 Day High3.21
10 Day Low1.8
20 Day High3.21
20 Day Low1.25
52 Week High3.21
52 Week Low0.4
CS1 End2.11
CR1 StartN/A
Volume & EV
DER(3)6.05%
DER(5)16.88%
Volume322.18K
Volume Incr226.41%
Vol(5)379.78K
Vol(50)111.69K