Taking everything into account, RR scores 1 out of 10 in our technical rating. RR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RR has a poor technical rating and the quality of the setup is also not perfect 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.
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2.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.35 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.17 from a trend line in the daily time frame.
- Support @2.94 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @3.87 from a trend line in the daily time frame.
- Resistance @3.94 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for RR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RR is neutral. |
| ChartMill Relative Strength | 31.57 | NEUTRAL | RR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RR is above a declining 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) | 52.07 | NEUTRAL | The RSI value for RR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RR has a positive trend. |
| Stochastics (14,3) | 70.35 | NEUTRAL | The Stochastics value for RR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.73 | HIGH VOLATILITY | The high ATR as a percentage value for RR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for RR suggests a weak or negative trend. |
3.79
-0.14 (-3.56%)
RICHTECH ROBOTICS INC-CL B / RR FAQ
Can you provide the ChartMill technical rating for RICHTECH ROBOTICS INC-CL B?
ChartMill assigns a technical rating of 1 / 10 to RR.
Can you provide the trend direction for RICHTECH ROBOTICS INC-CL B?
The current trend direction for RICHTECH ROBOTICS INC-CL B (RR) is Bearish.
Can you provide the RSI signal for RICHTECH ROBOTICS INC-CL B?
RICHTECH ROBOTICS INC-CL B (RR) has an RSI value of 52.0718. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RICHTECH ROBOTICS INC-CL B?
The MACD indicator for RICHTECH ROBOTICS INC-CL B (RR) has a value of 0.0603719, indicating a bearish trend.