RENTOKIL INITIAL PLC-SP ADR (RTO) Stock Technical Analysis
NYSE:RTO • US7601251041
Overall RTO gets a technical rating of 6 out of 10. RTO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month RTO has a been trading in the 30.04 - 33.46 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- RTO is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry. RTO outperforms 75% of them.
- RTO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RTO is lagging the market slightly.
- RTO has an average volume of 1189030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, RTO did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RTO has an average technical rating and it also does not offer a high quality setup 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
23.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.73 to 28.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.00 from a horizontal line in the daily time frame.
- Support @24.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.89 to 33.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 72.69 | POSITIVE | RTO has a high relative strength, it outperformed 72.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RTO is below the rising 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) | 40 | NEUTRAL | The RSI value for RTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests RTO has a negative trend. |
| Stochastics (14,3) | 24.89 | NEUTRAL | The Stochastics value for RTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for RTO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for RTO suggests a strong trend. |
30.45
+0.18 (+0.59%)
RENTOKIL INITIAL PLC-SP ADR / RTO FAQ
Can you provide the ChartMill technical rating for RENTOKIL INITIAL PLC-SP ADR?
ChartMill assigns a technical rating of 6 / 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 40.0048. 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 28.94 and a resistance level at 31.89. Check the full technical report for our detailed analysis of RTO support and resistance levels.