RED RIVER BANCSHARES INC (RRBI)

US75686R2022 - Common Stock

47.94  +1.34 (+2.88%)

After market: 47.94 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RRBI. RRBI'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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
66% of all other stocks performed better in the past year than RRBI.
RRBI is part of the Banks industry. There are 412 other stocks in this industry, of which 74% are performing better than RRBI.
RRBI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RRBI is lagging the market.
Warning: RRBI has an average volume of 8346 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RRBI has a been trading in the 44.52 - 48.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RRBI Weekly chart
RRBI Daily chart
Setup Rating and Analysis

8

RRBI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

43.83

57.56

3 important support areas can be observed.

  • A support zone ranging from 46.65 to 47.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 45.40 to 45.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 44.27 to 44.63. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 48.03 to 49.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 49.80 to 50.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @56.99 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.56
Mansfield-1.34
10 Day High48
10 Day Low44.85
20 Day High48.8
20 Day Low44.52
52 Week High58
52 Week Low44
Performance
1 Week1.55%
2 Weeks3.34%
1 Month-0.75%
3 Month-7.9%
6 Month0.06%
12 Month5.48%
2 Year-6.64%
3 Year-12.21%
5 Year-1.72%
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)0.2
RSI(14)53.38
LBB44.55
UBB48.4
RRBI Daily chart

RED RIVER BANCSHARES INC

NASDAQ:RRBI (5/3/2024, 7:16:20 PM)

After market: 47.94 0 (0%)

47.94

+1.34 (+2.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.88%
1 Week1.55%
2 Weeks3.34%
1 Month-0.75%
3 Month-7.9%
6 Month0.06%
12 Month5.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.29
ATR(20)%2.78%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High48
10 Day Low44.85
20 Day High48.8
20 Day Low44.52
52 Week High58
52 Week Low44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.00K
Volume Incr-7.32%
Vol(5)8.04K
Vol(50)8.35K