RPM INTERNATIONAL INC (RPM) Stock Technical Analysis
NYSE:RPM - New York Stock Exchange, Inc. - US7496851038 - Common Stock - Currency: USD
Overall RPM gets a technical rating of 8 out of 10. Although RPM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month RPM has a been trading in the 109.83 - 126.09 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, RPM outperforms 60% of them, which is more or less in line with the market.
RPM is part of the Chemicals industry. There are 85 other stocks in this industry, RPM did better than 69% of them.
RPM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RPM is lagging the market.
Although RPM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
104.83
126.81
We found 5 important support areas.
- Support @124.68 from a horizontal line in the daily time frame.
- A support zone ranging from 116.43 to 119.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 114.11 to 114.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @110.08 from a trend line in the weekly time frame.
- A support zone ranging from 105.89 to 106.82. This zone is formed by a combination of multiple trend lines 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 RPM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RPM is up. |
| ChartMill Relative Strength | 60.21 | NEUTRAL | RPM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RPM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RPM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RPM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.58 | OVERBOUGHT | The high RSI value suggests RPM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests RPM has a positive trend. |
| Stochastics (14,3) | 70.97 | NEUTRAL | The Stochastics value for RPM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for RPM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for RPM suggests a possible start of a new 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)
125.55
+3.72 (+3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3.05%
1 Week4.84%
2 Weeks5.72%
1 Month13.53%
3 Month8.21%
6 Month1.69%
12 Month7.82%
2 Year25.88%
3 Year34.77%
5 Year48.11%
10 Year186.32%
15 Year642.9%
Volatility
ATR(14)2.24
ATR(20)%2.11%
ATR Inc15.69%
Range Today3.3
ADR(20)2.21
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.21
Mansfield-0.51
10 Day High125.6
10 Day Low115.14
20 Day High126.09
20 Day Low109.83
52 Week High141.79
52 Week Low95.28
CS1 End124.68
CR1 StartN/A
Volume & EV
DER(3)-1.58%
DER(5)-0.51%
Volume477.90K
Volume Incr-36.17%
Vol(5)583.24K
Vol(50)846.24K