Taking everything into account, RUSHA scores 3 out of 10 in our technical rating. In the past year, RUSHA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of RUSHA is bad and it also does not present a 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
46.20
When analyzing the support we notice one important area.
- A support zone ranging from 46.67 to 47.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @55.21 from a horizontal line in the daily time frame.
- Resistance @57.03 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.32 to 58.96. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for RUSHA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RUSHA is up. |
| ChartMill Relative Strength | 21.46 | NEGATIVE | RUSHA has a low relative strength, it was outperformed by 78.54% 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) | DOWN | MIXED | The current price of RUSHA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUSHA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.51 | NEUTRAL | The RSI value for RUSHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests RUSHA has a positive trend. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests RUSHA may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for RUSHA suggests a weak or negative trend. |
52.06
-0.23 (-0.44%)
RUSH ENTERPRISES INC-CL A / RUSHA FAQ
What is the technical rating for RUSHA stock?
ChartMill assigns a technical rating of 3 / 10 to RUSHA.
What is the trend direction for RUSHA stock?
The current trend direction for RUSH ENTERPRISES INC-CL A (RUSHA) is Bearish.
What is the RSI signal for RUSHA stock?
RUSH ENTERPRISES INC-CL A (RUSHA) has an RSI value of 60.5113. This indicates that the stock is currently neutral.
What is the MACD signal for RUSHA stock?
The MACD indicator for RUSH ENTERPRISES INC-CL A (RUSHA) has a value of 0.649244, indicating a bearish trend.
What is the support and resistance level for RUSHA stock?
RUSH ENTERPRISES INC-CL A (RUSHA) has a support level at 47.79 and a resistance level at 55.21. Check the full technical report for our detailed analysis of RUSHA support and resistance levels.