REPUBLIC SERVICES INC (RSG) Stock Technical Analysis
NYSE:RSG - New York Stock Exchange, Inc. - US7607591002 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RSG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RSG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RSG did better than 90% of all other stocks. We also observe that the gains produced by RSG over the past year are nicely spread over this period.
RSG is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 79% of 83 stocks in the same industry.
A new 52 week high is currently being made by RSG, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so RSG is leading the market.
In the last month RSG has a been trading in the 235.35 - 253.76 range, which is quite wide. It is currently trading near the high of this range.
RSG has an average volume of 1444890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although RSG has an excellent technical rating, the quality of the presented setup is 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
209.16
255.40
We found 5 important support areas.
- A support zone ranging from 246.89 to 248.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 238.37 to 242.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 227.19 to 229.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @218.78 from a trend line in the weekly time frame.
- Support @211.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 252.87 to 252.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSG is up. |
| ChartMill Relative Strength | 90.33 | POSITIVE | RSG has a high relative strength, it outperformed 90.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.97 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests RSG has a positive trend. |
| Stochastics (14,3) | 91.24 | OVERBOUGHT | The high Stochastics value suggests RSG may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for RSG 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)
252.86
+1.86 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.74%
1 Week2.05%
2 Weeks1.72%
1 Month3.82%
3 Month9.52%
6 Month16.64%
12 Month35.36%
2 Year78.54%
3 Year88.93%
5 Year195.88%
10 Year527.6%
15 Year768.34%
Volatility
ATR(14)4.24
ATR(20)%1.7%
ATR Inc15.38%
Range Today4.06
ADR(20)4.22
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.33
Mansfield1.6
10 Day High253.76
10 Day Low235.35
20 Day High253.76
20 Day Low235.35
52 Week High253.76
52 Week Low180.92
CS1 End248.23
CR1 Start252.87
Volume & EV
DER(3)-2.68%
DER(5)-2.11%
Volume1.07M
Volume Incr-4.11%
Vol(5)1.31M
Vol(50)1.44M