RUSH ENTERPRISES INC - CL B (RUSHB) Stock Technical Analysis
NASDAQ:RUSHB - Nasdaq - US7818463082 - Common Stock - Currency: USD
Overall RUSHB gets a technical rating of 6 out of 10. Although RUSHB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although the technical rating is only medium, RUSHB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RUSHB 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
49.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.34 to 53.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.84 to 51.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.46 to 58.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @59.53 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for RUSHB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RUSHB is up. |
| ChartMill Relative Strength | 76.8 | POSITIVE | RUSHB has a high relative strength, it outperformed 76.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RUSHB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RUSHB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RUSHB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.76 | NEUTRAL | The RSI value for RUSHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests RUSHB has a positive trend. |
| Stochastics (14,3) | 88.16 | OVERBOUGHT | The high Stochastics value suggests RUSHB may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for RUSHB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 58.22 | 52.33 | 5.89 (10.12%) | 9.88% |
| An entry @58.22. This is a Buy Stop order right above the resistance zone. | An exit @52.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.89 points, which is 10.12%. | When investing 9.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:RUSHB (7/3/2025, 8:07:25 PM)
55.66
+0.26 (+0.47%)