Taking everything into account, RR scores 7 out of 10 in our technical rating. In the last year, RR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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
1.72
2 important support areas can be observed.
- Support @3.11 from a trend line in the daily time frame.
- Support @1.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @6.00 from a trend line in the weekly 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 | 99.31 | POSITIVE | RR has a high relative strength, it outperformed 99.31% 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 | 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) | 55.98 | NEUTRAL | The RSI value for RR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RR has a positive trend. |
| Stochastics (14,3) | 76.2 | NEUTRAL | The Stochastics value for RR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for RR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.91 | NEGATIVE | The low ADX value for RR suggests a weak or negative trend. |
4.22
+0.66 (+18.54%)
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 7 / 10 to RR.
What is the trend direction for RR stock?
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 55.976. This indicates that the stock is currently neutral.
What is the MACD signal for RR stock?
The MACD indicator for RICHTECH ROBOTICS INC-CL B (RR) has a value of 0.126866, indicating a bearish trend.
Can you provide the support and resistance levels for RICHTECH ROBOTICS INC-CL B?
RICHTECH ROBOTICS INC-CL B (RR) has a support level at 3.11 and a resistance level at 6. Check the full technical report for our detailed analysis of RR support and resistance levels.