Taking everything into account, RUSHB scores 5 out of 10 in our technical rating. RUSHB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RUSHB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 56.52, 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.
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48.95
3 important support areas can be observed.
- A support zone ranging from 54.21 to 56.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.31 to 50.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @49.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 57.05 to 58.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.23 to 59.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @60.71 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 | NEUTRAL | NEUTRAL | The short term trend for RUSHB is neutral. |
| ChartMill Relative Strength | 52.15 | NEUTRAL | RUSHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RUSHB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RUSHB is above the rising 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) | 51.47 | NEUTRAL | The RSI value for RUSHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests RUSHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.88 | NEUTRAL | The Stochastics value for RUSHB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for RUSHB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for RUSHB suggests a possible start of a new trend. |
56.63
+0.85 (+1.52%)
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 5 / 10 to RUSHB.
What is the current trend direction of RUSH ENTERPRISES INC - CL B (RUSHB) stock?
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 51.4654. This indicates that the stock is currently neutral.
What is the MACD signal for RUSHB stock?
The MACD indicator for RUSH ENTERPRISES INC - CL B (RUSHB) has a value of -0.443063, indicating a bearish trend.
What is the support and resistance level for RUSHB stock?
RUSH ENTERPRISES INC - CL B (RUSHB) has a support level at 56.52 and a resistance level at 57.05. Check the full technical report for our detailed analysis of RUSHB support and resistance levels.