RICHTECH ROBOTICS INC-CL B (RR) Stock Technical Analysis
NASDAQ:RR - Nasdaq - US7655041058 - Common Stock - Currency: USD
Overall RR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
RR is one of the better performing stocks in the Machinery industry, it outperforms 96% of 128 stocks in the same industry.
In the last month RR has a been trading in the 1.76 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RR has an average volume of 7745500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RR did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.95
2.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.02 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.59 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield5.86
10 Day High2.6
10 Day Low1.94
20 Day High2.6
20 Day Low1.76
52 Week High5.2
52 Week Low0.3
Performance
1 Week30.96%
2 Weeks18.35%
1 Month34.38%
3 Month-6.18%
6 Month356.64%
12 Month100.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)63.18
LBB1.81
UBB2.48
2.58
+0.39 (+17.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg17.81%
1 Week30.96%
2 Weeks18.35%
1 Month34.38%
3 Month-6.18%
6 Month356.64%
12 Month100.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.78%
ATR Inc99.62%
Range Today0.39
ADR(20)0.18
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield5.86
10 Day High2.6
10 Day Low1.94
20 Day High2.6
20 Day Low1.76
52 Week High5.2
52 Week Low0.3
CS1 End2.03
CR1 Start2.59
Volume & EV
DER(3)4.8%
DER(5)7.18%
Volume14.50M
Volume Incr141.56%
Vol(5)11.71M
Vol(50)7.75M