BAIJIAYUN GROUP LTD-A (RTC) Technical Analysis
NASDAQ:RTC • KYG0704V2022
Current stock price
RTC Technical Rating and Analysis
Taking everything into account, RTC scores 1 out of 10 in our technical rating. RTC'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 99% of all other stocks performed better in the past year than RTC.
- RTC is one of the lesser performing stocks in the Software industry. 87% of 277 stocks in the same industry do better.
- RTC 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 RTC is lagging the market.
- RTC has an average volume of 10356100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RTC has a been trading in the 0.17 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RTC Weekly and Daily overview Charts
RTC Setup Rating and Analysis
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
RTC Support and Resistance Analysis
0.29
When analyzing the support we notice one important 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.
When analyzing the resistance we notice one important area.
- Resistance @0.35 from a horizontal line in the daily time frame.
RTC Technical Indicator Signal Analysis
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. |
RTC Chart- and CandleStick Pattern Analysis
RTC Technicals: Chart, Performance Metrics, Trend & Indicators
0.3105
+0.02 (+6.23%)
BAIJIAYUN GROUP LTD-A / RTC TA FAQ
What is the technical rating for RTC stock?
ChartMill assigns a technical rating of 1 / 10 to RTC.
What is the current trend direction of BAIJIAYUN GROUP LTD-A (RTC) stock?
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 MACD signal for RTC stock?
The MACD indicator for BAIJIAYUN GROUP LTD-A (RTC) has a value of 0.00883512, indicating a bearish trend.
Can you provide the support and resistance levels for BAIJIAYUN GROUP LTD-A?
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.