REPUBLIC SERVICES INC (RSG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RSG - US7607591002 - Common Stock
Taking everything into account, RSG scores 4 out of 10 in our technical rating. In the past year, RSG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- RSG has an average volume of 1531680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, RSG outperforms 49% 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 59% of 80 stocks in the same industry.
- 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 207.90 and 220.00.
RSG has an average technical rating and it also does not offer a high 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
199.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 212.61 to 219.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 201.04 to 208.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 219.09 to 219.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @238.37 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 | UP | POSITIVE | The short term trend for RSG is up. |
| ChartMill Relative Strength | 49.58 | 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) | UP | POSITIVE | The current price of RSG is above 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) | 65.45 | NEUTRAL | The RSI value for RSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests RSG has a positive trend. |
| Stochastics (14,3) | 93.55 | OVERBOUGHT | The high Stochastics value suggests RSG may be overbought. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for RSG suggests low volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for RSG suggests a weak or negative trend. |
219.08
+1.47 (+0.68%)
REPUBLIC SERVICES INC / RSG FAQ
What is the technical rating for RSG stock?
ChartMill assigns a technical rating of 4 / 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 65.4492. 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 positive.
What are the support and resistance levels for REPUBLIC SERVICES INC (RSG) stock?
REPUBLIC SERVICES INC (RSG) has a support level at 219 and a resistance level at 219.09. Check the full technical report for our detailed analysis of RSG support and resistance levels.