RPM INTERNATIONAL INC (RPM) Stock Technical Analysis
NYSE:RPM • US7496851038
Taking everything into account, RPM scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RPM was also a bad performer in the overall market in the last year.
- 74% of all other stocks performed better in the past year than RPM.
- RPM is one of the lesser performing stocks in the Chemicals industry. 71% of 83 stocks in the same industry do better.
- In the last month RPM has a been trading in the 105.50 - 121.78 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.
- RPM has an average volume of 1125460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- RPM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RPM is lagging the market slightly.
RPM has an average technical rating and it also does not offer a high 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
101.44
We found 2 important support areas.
- A support zone ranging from 105.13 to 105.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 102.46 to 103.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 109.90 to 111.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 118.21 to 120.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @126.60 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RPM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RPM is neutral. |
| ChartMill Relative Strength | 26.97 | NEGATIVE | RPM has a low relative strength, it was outperformed by 73.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RPM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RPM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RPM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for RPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.09 | NEGATIVE | The MACD value suggests RPM has a negative trend. |
| Stochastics (14,3) | 15.89 | OVERSOLD | The low Stochastics value suggests RPM may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for RPM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for RPM suggests a weak or negative trend. |
108.92
-1.7 (-1.54%)
RPM INTERNATIONAL INC / RPM FAQ
What is the technical rating for RPM stock?
ChartMill assigns a technical rating of 4 / 10 to RPM.
What is the current trend direction of RPM INTERNATIONAL INC (RPM) stock?
The current trend direction for RPM INTERNATIONAL INC (RPM) is Bearish.
Can you provide the RSI signal for RPM INTERNATIONAL INC?
RPM INTERNATIONAL INC (RPM) has an RSI value of 37.4732. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RPM INTERNATIONAL INC?
RPM INTERNATIONAL INC (RPM) has a support level at 105.89 and a resistance level at 109.9. Check the full technical report for our detailed analysis of RPM support and resistance levels.