RRTL Technical Analysis - RTL GROUP

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to RRTL. In the last year, RRTL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

RRTL is one of the better performing stocks in the Media industry, it outperforms 70% of 63 stocks in the same industry.

RRTL 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 RRTL is lagging the market slightly.

When compared to the yearly performance of all other stocks, RRTL outperforms 50% of them, which is more or less in line with the market.

In the last month RRTL has a been trading in a tight range between 33.95 and 35.40.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

RRTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.95, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

30.53

37.94

We found 2 important support areas.

Support @33.95 from a horizontal line in the daily time frame.
A support zone ranging from 30.84 to 31.45. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 34.42 to 35.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @35.94 from a horizontal line in the weekly time frame.
A resistance zone ranging from 36.81 to 36.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @37.56 from a horizontal line in the daily time frame.

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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 RRTL.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for RRTL.DE is neutral.
ChartMill Relative Strength	50.83	NEUTRAL	RRTL.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RRTL.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RRTL.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of RRTL.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	42.44	NEUTRAL	The RSI value for RRTL.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests RRTL.DE has a negative trend.
Stochastics (14,3)	55.14	NEUTRAL	The Stochastics value for RRTL.DE is a neutral value.
Average True Range in percent/ATR (20)	1.45	LOW VOLATILITY	The low ATR as a percentage value for RRTL.DE suggests low volalility.
Average Directional Index/ADX (14)	10.38	NEGATIVE	The low ADX value for RRTL.DE suggests a weak or negative trend.