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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 212.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 212.16, a Stop Loss order could be placed below this zone.
More info and screens
199.03
When analyzing the support we notice one important area.
- A support zone ranging from 201.04 to 212.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 212.82 to 219.01. 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 @238.37 from a horizontal line in the daily time frame.
- Resistance @248.44 from a horizontal line in the daily time frame.
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 | 29.55 | NEGATIVE | RSG has a low relative strength, it was outperformed by 70.45% off all stocks 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) | DOWN | MIXED | The current price of RSG is above 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) | 48.73 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests RSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.66 | NEUTRAL | The Stochastics value for RSG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 8.07 | NEGATIVE | The low ADX value for RSG suggests a weak or negative trend. |
212.22
+0.36 (+0.17%)
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 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 48.727. 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 212.16 and a resistance level at 212.82. Check the full technical report for our detailed analysis of RSG support and resistance levels.