BAIJIAYUN GROUP LTD-A (RTC) Stock Technical Analysis
USA - NASDAQ:RTC - KYG0704V2022 - Common Stock
We assign a technical rating of 1 out of 10 to RTC. RTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RTC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.29
We found 1 important support area.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @0.35 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 RTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RTC is neutral. |
| ChartMill Relative Strength | 1.76 | NEGATIVE | RTC has a low relative strength, it was outperformed by 98.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RTC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.86 | NEUTRAL | The RSI value for RTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.56 | NEUTRAL | The Stochastics value for RTC is a neutral value. |
| Average True Range in percent/ATR (20) | 23.05 | HIGH VOLATILITY | The high ATR as a percentage value for RTC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.33 | POSITIVE | The high ADX value value for RTC suggests a strong trend. |
0.3105
+0.02 (+6.23%)
BAIJIAYUN GROUP LTD-A / RTC FAQ
What is the technical rating for RTC stock?
ChartMill assigns a technical rating of 1 / 10 to RTC.
Can you provide the trend direction for BAIJIAYUN GROUP LTD-A?
The current trend direction for BAIJIAYUN GROUP LTD-A (RTC) is Bearish.
What is the RSI signal for BAIJIAYUN GROUP LTD-A (RTC) stock?
BAIJIAYUN GROUP LTD-A (RTC) has an RSI value of 50.8614. This indicates that the stock is currently neutral.
What is the short term momentum for BAIJIAYUN GROUP LTD-A (RTC) stock?
The short term momentum for BAIJIAYUN GROUP LTD-A (RTC) is neutral.
What are the support and resistance levels for BAIJIAYUN GROUP LTD-A (RTC) stock?
BAIJIAYUN GROUP LTD-A (RTC) has a support level at 0.29 and a resistance level at 0.35. Check the full technical report for our detailed analysis of RTC support and resistance levels.