RUDOLPH TECHNOLOGIES INC (RTEC) Technical Analysis
NYSE:RTEC
Current stock price
RTEC Technical Rating and Analysis
Taking everything into account, RTEC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RTEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RTEC did better than 91% of all other stocks. On top of that, RTEC also shows a nice and consistent pattern of rising prices.
- RTEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RTEC is leading the market.
- In the last month RTEC has a been trading in the 25.41 - 29.43 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RTEC Weekly and Daily overview Charts
RTEC Setup Rating and Analysis
Although RTEC has an excellent technical rating, it does not present a decent entry opportunity 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
RTEC Support and Resistance Analysis
22.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.90 to 26.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @28.52 from a horizontal line in the weekly time frame.
- Resistance @29.10 from a horizontal line in the daily time frame.
RTEC 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 | UP | POSITIVE | The long term trend for RTEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RTEC is up. |
| ChartMill Relative Strength | 91 | POSITIVE | RTEC has a high relative strength, it outperformed 91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RTEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RTEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.06 | NEUTRAL | The RSI value for RTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests RTEC has a positive trend. |
| Stochastics (14,3) | 75.82 | NEUTRAL | The Stochastics value for RTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for RTEC suggests some volalility. |
RTEC Chart- and CandleStick Pattern Analysis
RTEC Technicals: Chart, Performance Metrics, Trend & Indicators
28.5
-0.13 (-0.45%)
RUDOLPH TECHNOLOGIES INC / RTEC TA FAQ
What is the technical rating for RTEC stock?
ChartMill assigns a technical rating of 10 / 10 to RTEC.
What is the trend direction for RTEC stock?
The current trend direction for RUDOLPH TECHNOLOGIES INC (RTEC) is Bullish.
What is the RSI signal for RUDOLPH TECHNOLOGIES INC (RTEC) stock?
RUDOLPH TECHNOLOGIES INC (RTEC) has an RSI value of 69.0592. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for RUDOLPH TECHNOLOGIES INC?
The buy/sell signal for RUDOLPH TECHNOLOGIES INC (RTEC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for RUDOLPH TECHNOLOGIES INC?
RUDOLPH TECHNOLOGIES INC (RTEC) has a support level at 26.01 and a resistance level at 28.52. Check the full technical report for our detailed analysis of RTEC support and resistance levels.