REPUBLIC SERVICES INC (RSG) Stock Technical Analysis
NYSE:RSG - New York Stock Exchange, Inc. - US7607591002 - Common Stock - Currency: USD
We assign a technical rating of 1 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 229.25 - 246.25 range, which is quite wide. It is currently trading near the lows of this range.
RSG has an average volume of 1403000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, RSG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
RSG is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, RSG did better than 56% 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.
Volume is considerably higher in the last couple of days.
The technical rating of RSG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
214.72
260.66
We found 2 important support areas.
- A support zone ranging from 228.53 to 231.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @216.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 237.83 to 251.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for RSG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSG is down. |
| ChartMill Relative Strength | 49.87 | 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 | POSITIVE | The current price of RSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.46 | 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) | 14.24 | OVERSOLD | The low Stochastics value suggests RSG may be oversold. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 26.66 | 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)
232.08
+0.37 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.16%
1 Week-5.66%
2 Weeks-4.22%
1 Month-3.02%
3 Month-6.64%
6 Month4.98%
12 Month15.34%
2 Year61.02%
3 Year62.61%
5 Year150.3%
10 Year466.33%
15 Year688.58%
Volatility
ATR(14)4.03
ATR(20)%1.66%
ATR Inc-37.56%
Range Today2.69
ADR(20)3.55
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.87
Mansfield-0.4
10 Day High246.25
10 Day Low229.25
20 Day High246.25
20 Day Low229.25
52 Week High258.75
52 Week Low197.61
CS1 End231.29
CR1 Start237.83
Volume & EV
DER(3)-0.6%
DER(5)-1.46%
Volume1.94M
Volume Incr42.84%
Vol(5)1.94M
Vol(50)1.40M