RAPID7 INC (RPD) Stock Technical Analysis
NASDAQ:RPD • US7534221046
Taking everything into account, RPD scores 0 out of 10 in our technical rating. RPD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RPD is a bad performer in the overall market: 97% of all stocks are doing better.
- RPD is part of the Software industry. There are 277 other stocks in this industry, of which 83% are performing better than RPD.
- RPD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RPD has a been trading in the 7.00 - 13.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RPD has an average volume of 1331940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of RPD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.11
When analyzing the resistance we notice 2 important areas.
- Resistance @11.74 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.08 to 13.21. 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 | DOWN | NEGATIVE | The long term trend for RPD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RPD is down. |
| ChartMill Relative Strength | 3.07 | NEGATIVE | RPD has a low relative strength, it was outperformed by 96.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RPD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RPD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RPD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.23 | OVERSOLD | The low RSI value suggests RPD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests RPD has a negative trend. |
| Stochastics (14,3) | 2.13 | OVERSOLD | The low Stochastics value suggests RPD may be oversold. |
| Average True Range in percent/ATR (20) | 10.78 | HIGH VOLATILITY | The high ATR as a percentage value for RPD suggests high volalility. |
| Average Directional Index/ADX (14) | 44.81 | POSITIVE | The high ADX value value for RPD suggests a strong trend. |
7.18
+0.09 (+1.27%)
RAPID7 INC / RPD FAQ
What is the technical rating for RPD stock?
ChartMill assigns a technical rating of 0 / 10 to RPD.
What is the trend direction for RPD stock?
The current trend direction for RAPID7 INC (RPD) is Bearish.
What is the RSI signal for RAPID7 INC (RPD) stock?
RAPID7 INC (RPD) has an RSI value of 16.2342. This indicates that the stock is currently oversold.
What is the buy/sell signal for RAPID7 INC (RPD) stock?
The buy/sell signal for RAPID7 INC (RPD) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for RAPID7 INC (RPD) stock?
RAPID7 INC (RPD) has a resistance level at 11.74. Check the full technical report for our detailed analysis of RPD support and resistance levels.