Rti Surgical Inc (RTIX) Stock Technical Analysis
NASDAQ:RTIX - Nasdaq -
Overall RTIX gets a technical rating of 7 out of 10. In the last year, RTIX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RTIX did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RTIX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RTIX is lagging the market slightly.
In the last month RTIX has a been trading in the 2.67 - 3.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although RTIX has an excellent technical rating, the quality of the presented setup is not ideal 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
2.66
4.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.88 to 2.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.69 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.61 from a horizontal line in the weekly time frame.
- Resistance @3.74 from a trend line in the daily time frame.
- Resistance @4.04 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for RTIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RTIX is up. |
| ChartMill Relative Strength | 77.33 | POSITIVE | RTIX has a high relative strength, it outperformed 77.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RTIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RTIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for RTIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RTIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.94 | NEUTRAL | The Stochastics value for RTIX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for RTIX suggests high volalility. |
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)
3.14
-0.19 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.71%
1 Week-17.37%
2 Weeks14.18%
1 Month3.29%
3 Month61.86%
6 Month-27.98%
12 Month-26.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%9.65%
ATR Inc-12.9%
Range Today0.18
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
CRS77.33
Mansfield0.22
10 Day High3.97
10 Day Low2.7
20 Day High3.97
20 Day Low2.67
52 Week High5.4
52 Week Low1.46
CS1 End2.93
CR1 Start3.61
Volume & EV
DER(3)-3.37%
DER(5)-4.4%
Volume686.00K
Volume Incr45.37%
Vol(5)981.86K
Vol(50)599.86K