REPUBLIC SERVICES INC (RSG) Technical Analysis
NYSE:RSG • US7607591002
Current stock price
RSG Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to RSG. RSG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RSG has a been trading in the 218.28 - 233.42 range, which is quite wide. It is currently trading near the lows of this range.
- RSG has an average volume of 1408430 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 40% 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 62% 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
RSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 218.70, a Stop Loss order could be placed below this zone.
More info and screens
RSG Support and Resistance Analysis
199.03
3 important support areas can be observed.
- A support zone ranging from 218.23 to 218.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 220.34 to 225.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 40.52 | NEUTRAL | RSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RSG is below 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) | 41.4 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.2 | NEGATIVE | The MACD value suggests RSG has a negative trend. |
| Stochastics (14,3) | 13.43 | OVERSOLD | The low Stochastics value suggests RSG may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.96 | 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
219.3
-3.72 (-1.67%)
REPUBLIC SERVICES INC / RSG TA FAQ
What is the technical rating for RSG stock?
ChartMill assigns a technical rating of 3 / 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 41.4048. 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 218.7 and a resistance level at 220.34. Check the full technical report for our detailed analysis of RSG support and resistance levels.