RANGE RESOURCES CORP (RRC) Stock Technical Analysis
USA - NYSE:RRC - US75281A1097 - Common Stock
35.7 USD
-1.46 (-3.93%)
35.7 USD
0 (0%)
Overall RRC gets a technical rating of 5 out of 10. In the past year, RRC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
RRC is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. RRC outperforms 74% of them.
RRC has an average volume of 2873100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, RRC turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
RRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RRC is lagging the market.
In the last month RRC has a been trading in the 33.97 - 39.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RRC has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
31.77
40.14
3 important support areas can be observed.
- Support @34.18 from a trend line in the weekly time frame.
- A support zone ranging from 33.18 to 33.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 32.09 to 32.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 35.98 to 36.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.35 to 38.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.19 to 39.74. This zone is formed by a combination of multiple trend lines 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 RRC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RRC is neutral. |
| ChartMill Relative Strength | 63.22 | NEUTRAL | RRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RRC is below 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 | MIXED | The current price of RRC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for RRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests RRC has a negative trend. |
| Stochastics (14,3) | 19.22 | OVERSOLD | The low Stochastics value suggests RRC may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for RRC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.25 | POSITIVE | The high ADX value value for RRC suggests a strong trend. |
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)
35.7
-1.46 (-3.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.93%
1 Week-7.44%
2 Weeks-7.44%
1 Month1.16%
3 Month-6.74%
6 Month4.45%
12 Month19.84%
2 Year-0.39%
3 Year25.35%
5 Year442.55%
10 Year17.28%
15 Year-4.52%
Volatility
ATR(14)1.46
ATR(20)%3.8%
ATR Inc32.37%
Range Today2.26
ADR(20)1.31
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.22
Mansfield-1.12
10 Day High39.95
10 Day Low35.38
20 Day High39.96
20 Day Low33.97
52 Week High43.5
52 Week Low29.48
CS1 End34.18
CR1 Start35.98
Volume & EV
DER(3)-0.11%
DER(5)-1.9%
Volume3.03M
Volume Incr-13.14%
Vol(5)2.84M
Vol(50)2.87M