REGAL REXNORD CORP (RRX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RRX - US7587501039 - Common Stock
We assign a technical rating of 5 out of 10 to RRX. In the last year, RRX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
RRX has an average technical rating and the quality of the presented setup is also not ideal 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
130.09
3 important support areas can be observed.
- A support zone ranging from 137.69 to 145.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @134.73 from a horizontal line in the weekly time frame.
- A support zone ranging from 131.40 to 131.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 150.06 to 150.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @154.57 from a horizontal line in the daily time frame.
- Resistance @157.21 from a horizontal line in the weekly time frame.
- Resistance @171.34 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 | UP | POSITIVE | The long term trend for RRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RRX is up. |
| ChartMill Relative Strength | 36.28 | NEUTRAL | RRX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of RRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.87 | NEUTRAL | The RSI value for RRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests RRX has a positive trend. |
| Stochastics (14,3) | 86.53 | OVERBOUGHT | The high Stochastics value suggests RRX may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for RRX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for RRX suggests a weak or negative trend. |
148.85
+2.75 (+1.88%)
REGAL REXNORD CORP / RRX FAQ
What is the technical rating for RRX stock?
ChartMill assigns a technical rating of 5 / 10 to RRX.
What is the trend direction for RRX stock?
The current trend direction for REGAL REXNORD CORP (RRX) is Bullish.
Can you provide the RSI signal for REGAL REXNORD CORP?
REGAL REXNORD CORP (RRX) has an RSI value of 59.8691. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REGAL REXNORD CORP?
The MACD indicator for REGAL REXNORD CORP (RRX) has a value of 1.11295, indicating a bullish trend.
What are the support and resistance levels for REGAL REXNORD CORP (RRX) stock?
REGAL REXNORD CORP (RRX) has a support level at 145.05 and a resistance level at 150.06. Check the full technical report for our detailed analysis of RRX support and resistance levels.