Taking everything into account, RR scores 0 out of 10 in our technical rating. RR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RR has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.72
4 important support areas can be observed.
We can see 3 important resistance areas.
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 RR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RR is down. |
| ChartMill Relative Strength | 12.1 | NEGATIVE | RR has a low relative strength, it was outperformed by 87.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RR is below 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) | 46.98 | NEUTRAL | The RSI value for RR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.24 | OVERSOLD | The low Stochastics value suggests RR may be oversold. |
| Average True Range in percent/ATR (20) | 11.28 | HIGH VOLATILITY | The high ATR as a percentage value for RR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for RR suggests a weak or negative trend. |
3.48
+0.25 (+7.74%)
ChartMill assigns a technical rating of 0 / 10 to RR.
The current trend direction for RICHTECH ROBOTICS INC-CL B (RR) is Bearish.
RICHTECH ROBOTICS INC-CL B (RR) has an RSI value of 46.977. This indicates that the stock is currently neutral.
The MACD indicator for RICHTECH ROBOTICS INC-CL B (RR) has a value of -0.0263929, indicating a bearish trend.