RUSH ENTERPRISES INC-CL A (RUSHA) Stock Technical Analysis
NASDAQ:RUSHA - US7818462092 - Common Stock
58.9 USD
+2.66 (+4.73%)
58.9 USD
0 (0%)
Taking everything into account, RUSHA scores 8 out of 10 in our technical rating. Although RUSHA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
RUSHA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, RUSHA did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
RUSHA is an average performer in the Trading Companies & Distributors industry, it outperforms 42% of 48 stocks in the same industry.
RUSHA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RUSHA is lagging the market.
Although RUSHA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.88
63.59
When analyzing the support we can see 5 important areas.
- A support zone ranging from 58.32 to 58.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @51.60 from a trend line in the daily time frame.
- A support zone ranging from 50.42 to 50.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.23 from a horizontal line in the daily time frame.
- Support @48.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @62.96 from a horizontal 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 RUSHA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RUSHA is up. |
| ChartMill Relative Strength | 74.62 | POSITIVE | RUSHA has a high relative strength, it outperformed 74.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RUSHA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RUSHA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RUSHA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.24 | NEUTRAL | The RSI value for RUSHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RUSHA has a positive trend. |
| Stochastics (14,3) | 66.2 | NEUTRAL | The Stochastics value for RUSHA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for RUSHA suggests a weak or negative trend. |
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)
58.9
+2.66 (+4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg4.73%
1 Week4.49%
2 Weeks6.78%
1 Month7.44%
3 Month20.4%
6 Month5.71%
12 Month9.81%
2 Year42.24%
3 Year87.74%
5 Year174.27%
10 Year419.3%
15 Year944.33%
Volatility
ATR(14)1.51
ATR(20)%2.81%
ATR Inc44.52%
Range Today2.81
ADR(20)1.58
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.62
Mansfield-0.17
10 Day High59.37
10 Day Low54.49
20 Day High59.37
20 Day Low52.37
52 Week High65.43
52 Week Low46.3
CS1 End58.8
CR1 Start62.96
Volume & EV
DER(3)-2.95%
DER(5)-1.55%
Volume407.00K
Volume Incr-19.53%
Vol(5)321.06K
Vol(50)428.60K