Rotor Acquisition Corp Cl A (ROT) Technical Analysis
NYSE:ROT
Current stock price
ROT Technical Rating and Analysis
Taking everything into account, ROT scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ROT is a bad performer.
- When comparing the yearly performance of all stocks, ROT is a bad performer in the overall market: 100% of all stocks are doing better.
- ROT 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 ROT is lagging the market.
- In the last month ROT has a been trading in the 9.76 - 11.80 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ROT Weekly and Daily overview Charts
ROT Setup Rating and Analysis
Although the technical rating is only medium, ROT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.00, a Stop Loss order could be placed below this zone.
More info and screens
ROT Support and Resistance Analysis
9.57
2 important support areas can be observed.
- A support zone ranging from 9.84 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @9.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.08 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ROT Technical Indicator Signal Analysis
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 ROT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ROT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ROT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.06 | NEUTRAL | The RSI value for ROT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ROT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests ROT may be oversold. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ROT suggests some volalility. |
ROT Chart- and CandleStick Pattern Analysis
ROT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.23 | 9.85 | 0.38 (3.71%) | 25.00% |
| An entry @10.23. This is a Buy Stop order right above the resistance zone. | An exit @9.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 3.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The distance between exit and entry is rather small compared to the average daily movement of ROT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ROT Technicals: Chart, Performance Metrics, Trend & Indicators
10.05
-0.22 (-2.14%)
Rotor Acquisition Corp Cl A / ROT TA FAQ
Can you provide the ChartMill technical rating for Rotor Acquisition Corp Cl A?
ChartMill assigns a technical rating of 6 / 10 to ROT.
What is the current trend direction of Rotor Acquisition Corp Cl A (ROT) stock?
The current trend direction for Rotor Acquisition Corp Cl A (ROT) is Bullish.
Can you provide the RSI signal for Rotor Acquisition Corp Cl A?
Rotor Acquisition Corp Cl A (ROT) has an RSI value of 49.0575. This indicates that the stock is currently neutral.
What is the short term momentum for ROT stock?
The short term momentum for Rotor Acquisition Corp Cl A (ROT) is neutral.