REPUBLIC SERVICES INC (RSG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RSG - US7607591002 - Common Stock
Taking everything into account, RSG scores 1 out of 10 in our technical rating. RSG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 216.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 215.94, a Stop Loss order could be placed below this zone.
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199.03
2 important support areas can be observed.
- A support zone ranging from 212.85 to 215.94. 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 201.04 to 206.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 216.88 to 219.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @223.28 from a horizontal line in the daily time frame.
- Resistance @229.28 from a horizontal line in the daily time frame.
- A resistance zone ranging from 236.11 to 238.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 245.17 to 246.02. 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 | DOWN | NEGATIVE | The long term trend for RSG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RSG is neutral. |
| ChartMill Relative Strength | 35.42 | NEUTRAL | RSG is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RSG is below a declining 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) | 53.68 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests RSG has a positive trend. |
| Stochastics (14,3) | 67.87 | NEUTRAL | The Stochastics value for RSG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for RSG suggests a weak or negative trend. |
216.53
+1.41 (+0.66%)
REPUBLIC SERVICES INC / RSG FAQ
What is the technical rating for RSG stock?
ChartMill assigns a technical rating of 1 / 10 to RSG.
What is the trend direction for 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 53.6833. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REPUBLIC SERVICES INC?
The short term momentum for REPUBLIC SERVICES INC (RSG) is neutral.