RANGE RESOURCES CORP (RRC)

US75281A1097 - Common Stock

35.78  -0.16 (-0.45%)

After market: 35.9 +0.12 (+0.34%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to RRC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that RRC is one of the better performing stocks in the market, outperforming 81% of all stocks.
RRC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RRC is lagging the market slightly.
RRC has an average volume of 2409780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RRC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, RRC did better than 64% of them.
In the last month RRC has a been trading in the 34.19 - 39.33 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
RRC Weekly chart
RRC Daily chart
Setup Rating and Analysis

3

Although RRC has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

29.32

38.17

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 34.54 to 34.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.79 from a horizontal line in the daily time frame.
  • Support @29.62 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @35.88 from a trend line in the daily time frame.
  • Resistance @37.79 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
CRS81.17
Mansfield-0.18
10 Day High39.33
10 Day Low35.25
20 Day High39.33
20 Day Low34.19
52 Week High39.33
52 Week Low25.89
Performance
1 Week-5.29%
2 Weeks0.7%
1 Month-4.1%
3 Month14.83%
6 Month6.93%
12 Month23.34%
2 Year5.39%
3 Year163.86%
5 Year357.55%
10 Year-61.51%
15 Year-21.89%
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)-0.16
RSI(14)46.45
LBB35.02
UBB38.65
RRC Daily chart

RANGE RESOURCES CORP

NYSE:RRC (5/24/2024, 7:04:00 PM)

After market: 35.9 +0.12 (+0.34%)

35.78

-0.16 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.45%
1 Week-5.29%
2 Weeks0.7%
1 Month-4.1%
3 Month14.83%
6 Month6.93%
12 Month23.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.04
ATR(20)%3.04%
ATR Inc
Range Today0.64
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 High39.33
10 Day Low35.25
20 Day High39.33
20 Day Low34.19
52 Week High39.33
52 Week Low25.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.10M
Volume Incr8.2%
Vol(5)2.78M
Vol(50)2.41M