Taking everything into account, RPX scores 0 out of 10 in our technical rating. RPX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RPX is a bad performer in the overall market: 78% of all stocks are doing better.
- RPX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month RPX has a been trading in the 39.99 - 47.02 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: RPX has an average volume of 1864 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
RPX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.83, a Stop Loss order could be placed below this zone.
More info and screens
40.42
When analyzing the support we notice one important area.
- A support zone ranging from 40.83 to 40.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.38 to 41.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.37 to 47.26. 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 | DOWN | NEGATIVE | The long term trend for RPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RPX is down. |
| ChartMill Relative Strength | 22.23 | NEGATIVE | RPX has a low relative strength, it was outperformed by 77.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RPX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.96 | NEUTRAL | The RSI value for RPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.82 | NEUTRAL | The Stochastics value for RPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for RPX suggests some volalility. |
NYSEARCA:RPX (1/28/2016, 8:41:10 PM)
40.84
-0.48 (-1.16%)
Columbia Large Cap Growth ETF / RPX FAQ
What is the ChartMill technical rating of Columbia Large Cap Growth ETF (RPX) stock?
ChartMill assigns a technical rating of 0 / 10 to RPX.
What is the trend direction for RPX stock?
The current trend direction for Columbia Large Cap Growth ETF (RPX) is Bearish.
What is the RSI signal for RPX stock?
Columbia Large Cap Growth ETF (RPX) has an RSI value of 30.9625. This indicates that the stock is currently neutral.
What is the short term momentum for Columbia Large Cap Growth ETF (RPX) stock?
The short term momentum for Columbia Large Cap Growth ETF (RPX) is negative.
Can you provide the support and resistance levels for Columbia Large Cap Growth ETF?
Columbia Large Cap Growth ETF (RPX) has a support level at 40.83 and a resistance level at 41.38. Check the full technical report for our detailed analysis of RPX support and resistance levels.