RANGE RESOURCES CORP (RRC) Technical Analysis
NYSE:RRC • US75281A1097
Current stock price
43.48 USD
+0.12 (+0.28%)
At close:
43.98 USD
+0.5 (+1.15%)
After Hours:
RRC Technical Rating and Analysis
Overall RRC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- RRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RRC is performing more or less in line with the market.
- In the last month RRC has a been trading in the 37.66 - 44.56 range, which is quite wide. It is currently trading near the high of this range.
- RRC has an average volume of 3413410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, RRC did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- RRC is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 40% of 207 stocks in the same industry.
RRC Weekly and Daily overview Charts
RRC Setup Rating and Analysis
RRC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
RRC Support and Resistance Analysis
32.46
44.04
When analyzing the support we can see 6 important areas.
- A support zone ranging from 42.17 to 42.44. 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 40.63 to 41.24. 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 39.12 to 39.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.89 from a horizontal line in the daily time frame.
- A support zone ranging from 34.06 to 34.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.79 to 33.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.52 to 43.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
RRC Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for RRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RRC is up. |
| ChartMill Relative Strength | 80.68 | POSITIVE | RRC has a high relative strength, it outperformed 80.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.66 | NEUTRAL | The RSI value for RRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.63 | OVERBOUGHT | The high Stochastics value suggests RRC may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for RRC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for RRC suggests a strong trend. |
RRC Chart- and CandleStick Pattern Analysis
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)
RRC Technicals: Chart, Performance Metrics, Trend & Indicators
43.48
+0.12 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.28%
1 Week3.65%
2 Weeks4.65%
1 Month15.85%
3 Month25.99%
6 Month26.03%
12 Month9.03%
2 Year26.29%
3 Year64.26%
5 Year320.91%
10 Year34.28%
15 Year-25.62%
Volatility
ATR(14)1.53
ATR(20)%3.57%
ATR Inc-10.6%
Range Today1.75
ADR(20)1.48
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.68
3 months CRS93.42
6 months CRS89.66
Mansfield1.22
10 Day High44.56
10 Day Low40.31
20 Day High44.56
20 Day Low37.67
52 Week High44.56
52 Week Low30.32
CS1 End42.44
CR1 Start43.52
Volume & EV
DER(3)0.58%
DER(5)2.96%
Volume3.18M
Volume Incr-6.4%
Vol(5)3.38M
Vol(50)3.41M
RANGE RESOURCES CORP / RRC TA FAQ
What is the ChartMill technical rating of RANGE RESOURCES CORP (RRC) stock?
ChartMill assigns a technical rating of 9 / 10 to RRC.
Can you provide the trend direction for RANGE RESOURCES CORP?
The current trend direction for RANGE RESOURCES CORP (RRC) is Bullish.
Can you provide the RSI signal for RANGE RESOURCES CORP?
RANGE RESOURCES CORP (RRC) has an RSI value of 69.6584. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RANGE RESOURCES CORP?
The MACD indicator for RANGE RESOURCES CORP (RRC) has a value of 0.120209, indicating a bearish trend.
What are the support and resistance levels for RANGE RESOURCES CORP (RRC) stock?
RANGE RESOURCES CORP (RRC) has a support level at 42.44 and a resistance level at 43.52. Check the full technical report for our detailed analysis of RRC support and resistance levels.