We assign a technical rating of 1 out of 10 to RPXC. RPXC 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.
- 82% of all other stocks performed better in the past year than RPXC.
- RPXC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
- In the last month RPXC has a been trading in a tight range between 10.42 and 10.51.
Although the technical rating is bad, RPXC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.48, a Stop Loss order could be placed below this zone.
More info and screens
10.09
2 important support areas can be observed.
- A support zone ranging from 10.43 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.19 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.48 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.71 to 13.86. 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 RPXC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RPXC is down. |
| ChartMill Relative Strength | 18.62 | NEGATIVE | RPXC has a low relative strength, it was outperformed by 81.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RPXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RPXC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RPXC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for RPXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RPXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.15 | NEUTRAL | The Stochastics value for RPXC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for RPXC suggests low volalility. |
10.48
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RPX CORP / RPXC FAQ
What is the technical rating for RPXC stock?
ChartMill assigns a technical rating of 1 / 10 to RPXC.
What is the trend direction for RPXC stock?
The current trend direction for RPX CORP (RPXC) is Bearish.
What is the RSI signal for RPX CORP (RPXC) stock?
RPX CORP (RPXC) has an RSI value of 42.6196. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RPX CORP?
The MACD indicator for RPX CORP (RPXC) has a value of 0.0148645, indicating a bearish trend.
What are the support and resistance levels for RPX CORP (RPXC) stock?
RPX CORP (RPXC) has a support level at 10.48 and a resistance level at 10.48. Check the full technical report for our detailed analysis of RPXC support and resistance levels.