ROMA GREEN FINANCE LTD-A (ROMA) Stock Technical Analysis
NASDAQ:ROMA • KYG7633Y1089
Taking everything into account, ROMA scores 4 out of 10 in our technical rating. Although ROMA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- ROMA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROMA is lagging the market.
- ROMA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 96% of 81 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that ROMA is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month ROMA has a been trading in the 1.83 - 2.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ROMA has an average technical rating and also the quality of the setup is only medium 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
1.46
When analyzing the support we can see 3 important areas.
- Support @2.08 from a horizontal line in the weekly time frame.
- Support @1.91 from a horizontal line in the daily time frame.
- Support @1.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.92 from a trend line 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 ROMA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROMA is neutral. |
| ChartMill Relative Strength | 95.96 | POSITIVE | ROMA has a high relative strength, it outperformed 95.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ROMA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ROMA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.39 | NEUTRAL | The RSI value for ROMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ROMA has a negative trend. |
| Stochastics (14,3) | 58.43 | NEUTRAL | The Stochastics value for ROMA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.12 | HIGH VOLATILITY | The high ATR as a percentage value for ROMA suggests high volalility. |
| Average Directional Index/ADX (14) | 44.46 | POSITIVE | The high ADX value value for ROMA suggests a strong trend. |
2.21
+0.07 (+3.27%)
ROMA GREEN FINANCE LTD-A / ROMA FAQ
What is the technical rating for ROMA stock?
ChartMill assigns a technical rating of 4 / 10 to ROMA.
What is the current trend direction of ROMA GREEN FINANCE LTD-A (ROMA) stock?
The current trend direction for ROMA GREEN FINANCE LTD-A (ROMA) is Bearish.
What is the RSI signal for ROMA GREEN FINANCE LTD-A (ROMA) stock?
ROMA GREEN FINANCE LTD-A (ROMA) has an RSI value of 47.3865. This indicates that the stock is currently neutral.
What is the MACD signal for ROMA stock?
The MACD indicator for ROMA GREEN FINANCE LTD-A (ROMA) has a value of -0.00544377, indicating a bearish trend.
What is the short term momentum for ROMA stock?
The short term momentum for ROMA GREEN FINANCE LTD-A (ROMA) is neutral.