REGAL REXNORD CORP (RRX) Stock Technical Analysis
USA - NYSE:RRX - US7587501039 - Common Stock
145.04 USD
+4.6 (+3.28%)
145.04 USD
0 (0%)
Overall RRX gets a technical rating of 3 out of 10. In the past year, RRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RRX is a bad performer in the overall market: 81% of all stocks are doing better.
RRX is one of the lesser performing stocks in the Electrical Equipment industry. 73% of 92 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RRX is lagging the market.
In the last month RRX has a been trading in the 134.12 - 152.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 144.95, a Stop Loss order could be placed below this zone.
More info and screens
130.46
183.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 142.86 to 144.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 134.73 to 137.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @131.78 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @145.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 148.05 to 149.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 154.57 to 157.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @172.10 from a trend line in the weekly time frame.
- Resistance @181.21 from a horizontal line in the weekly 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 RRX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RRX is neutral. |
| ChartMill Relative Strength | 19.33 | NEGATIVE | RRX has a low relative strength, it was outperformed by 80.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for RRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RRX has a positive trend. |
| Stochastics (14,3) | 49.86 | NEUTRAL | The Stochastics value for RRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for RRX suggests some volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for RRX suggests a weak or negative 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)
145.04
+4.6 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.28%
1 Week4.15%
2 Weeks-3.35%
1 Month0.6%
3 Month-7.74%
6 Month35.53%
12 Month-12.85%
2 Year22.49%
3 Year14.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.16
ATR(20)%3.82%
ATR Inc-19.32%
Range Today4.64
ADR(20)5.37
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.33
Mansfield-0.87
10 Day High152.11
10 Day Low134.12
20 Day High152.11
20 Day Low134.12
52 Week High185.28
52 Week Low90.56
CS1 End144.95
CR1 Start145.05
Volume & EV
DER(3)-1.54%
DER(5)-2.44%
Volume643.70K
Volume Incr-10.74%
Vol(5)649.64K
Vol(50)725.63K