RUSH ENTERPRISES INC-CL A (RUSHA) Stock Technical Analysis
USA - NASDAQ:RUSHA - US7818462092 - Common Stock
Taking everything into account, RUSHA scores 0 out of 10 in our technical rating. RUSHA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RUSHA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
46.55
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 50.17 to 50.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.98 to 52.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @55.21 from a horizontal line in the daily time frame.
- Resistance @57.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.32 to 58.47. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for RUSHA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUSHA is down. |
| ChartMill Relative Strength | 12.84 | NEGATIVE | RUSHA has a low relative strength, it was outperformed by 87.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUSHA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUSHA is below 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) | 23.99 | OVERSOLD | The low RSI value suggests RUSHA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests RUSHA has a negative trend. |
| Stochastics (14,3) | 13.98 | OVERSOLD | The low Stochastics value suggests RUSHA may be oversold. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for RUSHA suggests a weak or negative trend. |
47.02
-2.39 (-4.84%)
RUSH ENTERPRISES INC-CL A / RUSHA FAQ
What is the technical rating for RUSHA stock?
ChartMill assigns a technical rating of 0 / 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 23.9853. This indicates that the stock is currently oversold.
What is the MACD signal for RUSHA stock?
The MACD indicator for RUSH ENTERPRISES INC-CL A (RUSHA) has a value of -0.113636, indicating a bearish trend.
What is the support and resistance level for RUSHA stock?
RUSH ENTERPRISES INC-CL A (RUSHA) has a resistance level at 50.17. Check the full technical report for our detailed analysis of RUSHA support and resistance levels.