RPM INTERNATIONAL INC (RPM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RPM - US7496851038 - Common Stock
We assign a technical rating of 0 out of 10 to RPM. RPM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RPM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 106.34, a Stop Loss order could be placed below this zone.
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99.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 104.91 to 106.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.67 to 103.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 107.26 to 107.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @123.44 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for RPM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RPM is down. |
| ChartMill Relative Strength | 16.83 | NEGATIVE | RPM has a low relative strength, it was outperformed by 83.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RPM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RPM is below a declining 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) | 48.21 | NEUTRAL | The RSI value for RPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests RPM has a positive trend. |
| Stochastics (14,3) | 76.33 | NEUTRAL | The Stochastics value for RPM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for RPM suggests low volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for RPM suggests a possible start of a new trend. |
107.25
+0.3 (+0.28%)
RPM INTERNATIONAL INC / RPM FAQ
What is the technical rating for RPM stock?
ChartMill assigns a technical rating of 0 / 10 to RPM.
Can you provide the trend direction for RPM INTERNATIONAL INC?
The current trend direction for RPM INTERNATIONAL INC (RPM) is Bearish.
What is the RSI signal for RPM stock?
RPM INTERNATIONAL INC (RPM) has an RSI value of 48.2096. This indicates that the stock is currently neutral.
What is the MACD signal for RPM INTERNATIONAL INC (RPM) stock?
The MACD indicator for RPM INTERNATIONAL INC (RPM) has a value of 0.541543, indicating a bearish trend.
Can you provide the buy/sell signal for RPM INTERNATIONAL INC?
The buy/sell signal for RPM INTERNATIONAL INC (RPM) is sell as both the short term and long term trends are negative.