REGAL REXNORD CORP (RRX) Stock Technical Analysis
USA - NYSE:RRX - US7587501039 - Common Stock
142.98 USD
-1.3 (-0.9%)
142.98 USD
0 (0%)
Overall RRX gets a technical rating of 1 out of 10. RRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
82% of all other stocks performed better in the past year than RRX.
RRX is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 72% are performing better than RRX.
In the last month RRX has a been trading in the 137.79 - 154.40 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Although the technical rating is bad, RRX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 144.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.58, a Stop Loss order could be placed below this zone.
More info and screens
136.31
183.02
We found 2 important support areas.
- A support zone ranging from 142.18 to 142.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 137.69 to 138.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 144.20 to 147.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @152.01 from a trend line in the weekly time frame.
- A resistance zone ranging from 156.82 to 157.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 18.25 | NEGATIVE | RRX has a low relative strength, it was outperformed by 81.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RRX is below a declining 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) | 47.04 | NEUTRAL | The RSI value for RRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RRX has a positive trend. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for RRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for RRX suggests some volalility. |
| Average Directional Index/ADX (14) | 9.74 | 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)
142.98
-1.3 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.9%
1 Week1.89%
2 Weeks1.1%
1 Month-5.45%
3 Month-2.41%
6 Month21.14%
12 Month-14.48%
2 Year0.07%
3 Year1.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.7
ATR(20)%3.3%
ATR Inc-2.64%
Range Today5.25
ADR(20)4.51
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.25
Mansfield-1.09
10 Day High147.34
10 Day Low137.79
20 Day High154.4
20 Day Low137.79
52 Week High185.28
52 Week Low90.56
CS1 End142.58
CR1 Start144.2
Volume & EV
DER(3)-1.33%
DER(5)-0.85%
Volume720.10K
Volume Incr9.91%
Vol(5)770.88K
Vol(50)834.22K