VANECK RUSSIA ETF (RSX) Stock Technical Analysis
NYSEARCA:RSX - NYSE Arca - US92189F4037 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to RSX. RSX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than RSX.
RSX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RSX is lagging the market.
Warning: RSX has an average volume of 100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RSX has a been trading in a tight range between 5.62 and 5.65.
The technical rating of RSX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.55
5.72
When analyzing the support we notice one important area.
- A support zone ranging from 5.61 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.65 to 5.66. This zone is formed by a combination of multiple trend lines and important moving averages 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 RSX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSX is down. |
| ChartMill Relative Strength | 9.11 | NEGATIVE | RSX has a low relative strength, it was outperformed by 90.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 0 | OVERSOLD | The low RSI value suggests RSX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RSX has a negative trend. |
| Average True Range in percent/ATR (20) | 0.03 | LOW VOLATILITY | The low ATR as a percentage value for RSX suggests low volalility. |
| Average Directional Index/ADX (14) | 76.35 | POSITIVE | The high ADX value value for RSX 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)
NYSEARCA:RSX (1/12/2023, 5:40:08 PM)
5.6187
-0.03 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.55%
1 Week-0.55%
2 Weeks-0.55%
1 Month-0.55%
3 Month-0.55%
6 Month-0.55%
12 Month-77.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.03%
ATR Inc56.5%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.11
Mansfield-2.26
10 Day High5.65
10 Day Low5.62
20 Day High5.65
20 Day Low5.62
52 Week High25.6
52 Week Low5
CS1 End5.61
CR1 Start5.65
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr0%
Vol(5)100
Vol(50)100