RUSH ENTERPRISES INC - CL B (RUSHB) Stock Technical Analysis
USA - NASDAQ:RUSHB - US7818463082 - Common Stock
Overall RUSHB gets a technical rating of 1 out of 10. RUSHB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of RUSHB 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
49.34
We found 2 important support areas.
- Support @51.27 from a horizontal line in the daily time frame.
- A support zone ranging from 49.84 to 50.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @52.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 54.96 to 57.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @58.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 59.23 to 59.85. 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 RUSHB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUSHB is down. |
| ChartMill Relative Strength | 47.08 | NEUTRAL | RUSHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUSHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUSHB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUSHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33 | NEUTRAL | The RSI value for RUSHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests RUSHB has a negative trend. |
| Stochastics (14,3) | 14.48 | OVERSOLD | The low Stochastics value suggests RUSHB may be oversold. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for RUSHB suggests a weak or negative trend. |
52.47
-1.08 (-2.02%)
RUSH ENTERPRISES INC - CL B / RUSHB FAQ
What is the ChartMill technical rating of RUSH ENTERPRISES INC - CL B (RUSHB) stock?
ChartMill assigns a technical rating of 1 / 10 to RUSHB.
Can you provide the trend direction for RUSH ENTERPRISES INC - CL B?
The current trend direction for RUSH ENTERPRISES INC - CL B (RUSHB) is Bearish.
What is the RSI signal for RUSH ENTERPRISES INC - CL B (RUSHB) stock?
RUSH ENTERPRISES INC - CL B (RUSHB) has an RSI value of 32.9988. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RUSH ENTERPRISES INC - CL B?
RUSH ENTERPRISES INC - CL B (RUSHB) has a support level at 51.27 and a resistance level at 52.49. Check the full technical report for our detailed analysis of RUSHB support and resistance levels.