NASDAQ:RR - Nasdaq - US7655041058 - Common Stock - Currency: USD
Overall RR gets a technical rating of 7 out of 10. RR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
RR has an excellent technical rating and also presents 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 2.20, a Stop Loss order could be placed below this zone.
2.11
We found 2 important support areas.
3 important resistance areas can be observed.
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 RR is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RR is up. |
ChartMill Relative Strength | 96.18 | POSITIVE | RR has a high relative strength, it outperformed 96.18% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RR is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RR is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.27 | NEUTRAL | The RSI value for RR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RR has a negative trend. |
Stochastics (14,3) | 32.57 | NEUTRAL | The Stochastics value for RR is a neutral value. |
Average True Range in percent/ATR (20) | 11.84 | HIGH VOLATILITY | The high ATR as a percentage value for RR suggests high volalility. |
Average Directional Index/ADX (14) | 29.97 | POSITIVE | The high ADX value value for RR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
2.44 | 2.18 | 0.26 (10.66%) | 9.38% |
An entry @2.44. This is a Buy Stop order right above the resistance zone. | An exit @2.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 10.66%. | When investing 9.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
2.34
-0.08 (-3.31%)