RED ROCK RESORTS INC-CLASS A (RRR) Stock Technical Analysis
USA - NASDAQ:RRR - US75700L1089 - Common Stock
Overall RRR gets a technical rating of 0 out of 10. RRR'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 technical rating of RRR is bad and it also does not present a 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
51.76
We found 1 important support area.
- Support @52.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 57.72 to 57.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.08 to 59.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.35 to 61.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.97 from a horizontal line 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 RRR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RRR is down. |
| ChartMill Relative Strength | 24.49 | NEGATIVE | RRR has a low relative strength, it was outperformed by 75.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RRR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RRR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.93 | NEUTRAL | The RSI value for RRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests RRR has a negative trend. |
| Stochastics (14,3) | 12.31 | OVERSOLD | The low Stochastics value suggests RRR may be oversold. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for RRR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for RRR suggests a weak or negative trend. |
53.31
-0.48 (-0.89%)
RED ROCK RESORTS INC-CLASS A / RRR FAQ
Can you provide the ChartMill technical rating for RED ROCK RESORTS INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to RRR.
Can you provide the trend direction for RED ROCK RESORTS INC-CLASS A?
The current trend direction for RED ROCK RESORTS INC-CLASS A (RRR) is Bearish.
What is the RSI signal for RED ROCK RESORTS INC-CLASS A (RRR) stock?
RED ROCK RESORTS INC-CLASS A (RRR) has an RSI value of 34.9298. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RED ROCK RESORTS INC-CLASS A?
The MACD indicator for RED ROCK RESORTS INC-CLASS A (RRR) has a value of -0.601792, indicating a bearish trend.