REPUBLIC SERVICES INC (RSG) Technical Analysis
NYSE:RSG • US7607591002
Current stock price
RSG Technical Rating and Analysis
Taking everything into account, RSG scores 4 out of 10 in our technical rating. In the past year, RSG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- In the last month RSG has a been trading in the 218.28 - 233.42 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- RSG has an average volume of 1395120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, RSG outperforms 45% of them, which is more or less in line with the market.
- RSG is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 82 stocks in the same industry.
- RSG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RSG is lagging the market slightly.
RSG Weekly and Daily overview Charts
RSG Setup Rating and Analysis
Although the technical rating is only medium, RSG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 221.52, a Stop Loss order could be placed below this zone.
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RSG Support and Resistance Analysis
199.03
3 important support areas can be observed.
- A support zone ranging from 218.23 to 221.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 210.76 to 212.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 201.04 to 205.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 225.25 to 225.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 229.48 to 232.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @237.03 from a horizontal line in the daily time frame.
RSG 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 | NEUTRAL | NEUTRAL | The long term trend for RSG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RSG is neutral. |
| ChartMill Relative Strength | 45.19 | NEUTRAL | RSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RSG is below 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) | DOWN | NEGATIVE | The current price of RSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests RSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.24 | NEUTRAL | The Stochastics value for RSG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for RSG suggests a weak or negative trend. |
RSG Chart- and CandleStick Pattern Analysis
RSG Technicals: Chart, Performance Metrics, Trend & Indicators
223.02
+1.03 (+0.46%)
REPUBLIC SERVICES INC / RSG TA FAQ
What is the technical rating for RSG stock?
ChartMill assigns a technical rating of 4 / 10 to RSG.
What is the current trend direction of REPUBLIC SERVICES INC (RSG) stock?
The current trend direction for REPUBLIC SERVICES INC (RSG) is Bearish.
What is the RSI signal for RSG stock?
REPUBLIC SERVICES INC (RSG) has an RSI value of 48.1093. This indicates that the stock is currently neutral.
What is the short term momentum for RSG stock?
The short term momentum for REPUBLIC SERVICES INC (RSG) is neutral.
What are the support and resistance levels for REPUBLIC SERVICES INC (RSG) stock?
REPUBLIC SERVICES INC (RSG) has a support level at 221.52 and a resistance level at 225.25. Check the full technical report for our detailed analysis of RSG support and resistance levels.