RENTOKIL INITIAL PLC-SP ADR (RTO) Technical Analysis
NYSE:RTO • US7601251041
Current stock price
RTO Technical Rating and Analysis
Overall RTO gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that RTO is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, RTO also shows a nice and consistent pattern of rising prices.
- RTO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 82% of 82 stocks in the same industry.
- RTO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RTO is performing more or less in line with the market.
- RTO has an average volume of 1773100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RTO has a been trading in the 28.45 - 33.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RTO Weekly and Daily overview Charts
RTO Setup Rating and Analysis
RTO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RTO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
RTO Support and Resistance Analysis
28.46
4 important support areas can be observed.
- A support zone ranging from 31.04 to 31.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.09 to 30.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.39 to 29.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.75 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.50 to 33.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
RTO 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 RTO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RTO is neutral. |
| ChartMill Relative Strength | 81.8 | POSITIVE | RTO has a high relative strength, it outperformed 81.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for RTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RTO has a negative trend. |
| Stochastics (14,3) | 34.66 | NEUTRAL | The Stochastics value for RTO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for RTO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for RTO suggests a weak or negative trend. |
RTO Chart- and CandleStick Pattern Analysis
RTO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.78 | 31.03 | 0.75 (2.36%) | 25.00% |
| An entry @31.78. This is a Buy Stop order right above the 10 day moving average. | An exit @31.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The distance between exit and entry is rather small compared to the average daily movement of RTO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RTO Technicals: Chart, Performance Metrics, Trend & Indicators
31.41
+0.18 (+0.58%)
RENTOKIL INITIAL PLC-SP ADR / RTO TA FAQ
Can you provide the ChartMill technical rating for RENTOKIL INITIAL PLC-SP ADR?
ChartMill assigns a technical rating of 8 / 10 to RTO.
Can you provide the trend direction for RENTOKIL INITIAL PLC-SP ADR?
The current trend direction for RENTOKIL INITIAL PLC-SP ADR (RTO) is Bullish.
Can you provide the RSI signal for RENTOKIL INITIAL PLC-SP ADR?
RENTOKIL INITIAL PLC-SP ADR (RTO) has an RSI value of 49.735. This indicates that the stock is currently neutral.
What is the short term momentum for RENTOKIL INITIAL PLC-SP ADR (RTO) stock?
The short term momentum for RENTOKIL INITIAL PLC-SP ADR (RTO) is neutral.
What are the support and resistance levels for RENTOKIL INITIAL PLC-SP ADR (RTO) stock?
RENTOKIL INITIAL PLC-SP ADR (RTO) has a support level at 31.35 and a resistance level at 32.5. Check the full technical report for our detailed analysis of RTO support and resistance levels.