ROSE HILL ACQUISITION CORP-A (ROSE) Stock Technical Analysis
USA - NASDAQ:ROSE - KYG7637J1076 - Common Stock
Taking everything into account, ROSE scores 4 out of 10 in our technical rating. In the last year, ROSE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, ROSE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.65, a Stop Loss order could be placed below this zone.
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10.56
We found 3 important support areas.
- A support zone ranging from 11.65 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.41 from a horizontal line in the daily time frame.
- Support @10.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.70 to 12.25. 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 ROSE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROSE is down. |
| ChartMill Relative Strength | 78.64 | POSITIVE | ROSE has a high relative strength, it outperformed 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.19 | NEUTRAL | The RSI value for ROSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ROSE has a negative trend. |
| Stochastics (14,3) | 20.86 | NEUTRAL | The Stochastics value for ROSE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for ROSE suggests low volalility. |
| Average Directional Index/ADX (14) | 44.74 | POSITIVE | The high ADX value value for ROSE suggests a strong trend. |
NASDAQ:ROSE (11/20/2023, 8:00:03 PM)
11.66
-0.02 (-0.17%)
ROSE HILL ACQUISITION CORP-A / ROSE FAQ
What is the technical rating for ROSE stock?
ChartMill assigns a technical rating of 4 / 10 to ROSE.
What is the current trend direction of ROSE HILL ACQUISITION CORP-A (ROSE) stock?
The current trend direction for ROSE HILL ACQUISITION CORP-A (ROSE) is Bullish.
Can you provide the RSI signal for ROSE HILL ACQUISITION CORP-A?
ROSE HILL ACQUISITION CORP-A (ROSE) has an RSI value of 42.1877. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ROSE HILL ACQUISITION CORP-A?
The buy/sell signal for ROSE HILL ACQUISITION CORP-A (ROSE) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ROSE stock?
ROSE HILL ACQUISITION CORP-A (ROSE) has a support level at 11.65 and a resistance level at 11.7. Check the full technical report for our detailed analysis of ROSE support and resistance levels.