ROSE HILL ACQUISITION CORP-A (ROSE) Stock Technical Analysis
NASDAQ:ROSE - Nasdaq - KYG7637J1076 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ROSE. ROSE 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.
ROSE 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 ROSE is lagging the market.
Warning: ROSE has an average volume of 25576 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that ROSE is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by ROSE over the past year are nicely spread over this period.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month ROSE has a been trading in a tight range between 11.60 and 11.93.
Considerably lower volume is observed in the last couple of days.
ROSE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.65, a Stop Loss order could be placed below this zone.
More info and screens
10.56
12.37
When analyzing the support we can see 3 important 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. |
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)
NASDAQ:ROSE (11/20/2023, 8:00:03 PM)
11.66
-0.02 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week-0.77%
2 Weeks-0.34%
1 Month-1.19%
3 Month-0.43%
6 Month8.47%
12 Month14.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.94%
ATR Inc-56.45%
Range Today0.05
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
CRS78.64
Mansfield-0.26
10 Day High11.92
10 Day Low11.63
20 Day High11.93
20 Day Low11.6
52 Week High20
52 Week Low9.92
CS1 End11.65
CR1 Start11.7
Volume & EV
DER(3)-0.04%
DER(5)-1.14%
Volume3.40K
Volume Incr34.02%
Vol(5)6.46K
Vol(50)25.58K