REPUBLIC SERVICES INC (RSG) Stock Technical Analysis
USA - NYSE:RSG - US7607591002 - Common Stock
226.94 USD
+0.23 (+0.1%)
226.94 USD
0 (0%)
Taking everything into account, RSG scores 1 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
RSG has an average volume of 1242060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RSG outperforms 42% of them, which is more or less in line with the market.
RSG is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, RSG did better than 51% of them.
RSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RSG is lagging the market.
In the last month RSG has a been trading in a tight range between 224.88 and 237.06.
Although the technical rating is bad, RSG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 226.93, a Stop Loss order could be placed below this zone.
More info and screens
217.76
260.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 225.32 to 226.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @219.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 227.20 to 230.59. 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 234.57 to 238.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @244.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 248.44 to 251.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 257.30 to 258.08. 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 | DOWN | NEGATIVE | The short term trend for RSG is down. |
| ChartMill Relative Strength | 42.33 | 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) | DOWN | NEGATIVE | The current price of RSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RSG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.53 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests RSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.1 | OVERSOLD | The low Stochastics value suggests RSG may be oversold. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.28 | POSITIVE | The high ADX value value for RSG suggests a strong 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)
226.94
+0.23 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.1%
1 Week-0.67%
2 Weeks-1.21%
1 Month-3.61%
3 Month-8.56%
6 Month-2.74%
12 Month12.69%
2 Year59.25%
3 Year66.82%
5 Year143.11%
10 Year450.83%
15 Year644.31%
Volatility
ATR(14)3.32
ATR(20)%1.39%
ATR Inc-25.63%
Range Today2.07
ADR(20)3.12
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.33
Mansfield-1.08
10 Day High232.89
10 Day Low224.88
20 Day High237.06
20 Day Low224.88
52 Week High258.75
52 Week Low197.61
CS1 End226.93
CR1 Start227.2
Volume & EV
DER(3)1.12%
DER(5)0.48%
Volume1.97M
Volume Incr35.88%
Vol(5)1.36M
Vol(50)1.24M