ROMA GREEN FINANCE LTD-A (ROMA) Stock Technical Analysis
NASDAQ:ROMA • KYG7633Y1089
We assign a technical rating of 5 out of 10 to ROMA. In the past year, ROMA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- ROMA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ROMA has a been trading in the 1.82 - 8.88 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- ROMA is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry. ROMA outperforms 97% of them.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, ROMA did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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
1.45
We found 2 important support areas.
- A support zone ranging from 2.13 to 2.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.94 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 | 97.91 | POSITIVE | ROMA has a high relative strength, it outperformed 97.91% 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 | MIXED | The current price of ROMA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for ROMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ROMA has a positive trend. |
| Stochastics (14,3) | 31.93 | NEUTRAL | The Stochastics value for ROMA is a neutral value. |
| Average True Range in percent/ATR (20) | 34.48 | HIGH VOLATILITY | The high ATR as a percentage value for ROMA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.39 | POSITIVE | The high ADX value value for ROMA suggests a strong trend. |
2.59
+0.21 (+8.82%)
ROMA GREEN FINANCE LTD-A / ROMA FAQ
What is the technical rating for ROMA stock?
ChartMill assigns a technical rating of 5 / 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 55.1989. 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 0.00627513, 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.