RYERSON HOLDING CORP (RYI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RYI - US7837541041 - Common Stock
22.85 USD
+0.1 (+0.44%)
22.85 USD
0 (0%)
Overall RYI gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RYI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, RYI is a bad performer in the overall market: 69% of all stocks are doing better.
RYI is one of the lesser performing stocks in the Metals & Mining industry. 79% of 153 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RYI has a been trading in the 19.43 - 22.95 range, which is quite wide. It is currently trading near the high of this range.
RYI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RYI is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RYI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.66
25.82
We found 3 important support areas.
- A support zone ranging from 22.07 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.18 from a horizontal line in the weekly time frame.
- Support @19.86 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @23.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.95 to 24.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.56 from a horizontal line in the weekly 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 RYI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYI is up. |
| ChartMill Relative Strength | 31.38 | NEUTRAL | RYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RYI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.41 | NEUTRAL | The RSI value for RYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests RYI has a positive trend. |
| Stochastics (14,3) | 93.01 | OVERBOUGHT | The high Stochastics value suggests RYI may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for RYI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for RYI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.85
+0.1 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.44%
1 Week10.98%
2 Weeks10.98%
1 Month2.65%
3 Month0.22%
6 Month10.07%
12 Month-11.09%
2 Year-26.22%
3 Year-22.52%
5 Year112.76%
10 Year360.69%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.95%
ATR Inc18.2%
Range Today0.3
ADR(20)0.87
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.38
3 months CRS45.85
6 months CRS60.97
Mansfield-0.67
10 Day High22.95
10 Day Low19.43
20 Day High22.95
20 Day Low19.43
52 Week High27.41
52 Week Low17.18
CS1 End22.16
CR1 Start23.41
Volume & EV
DER(3)1.47%
DER(5)0.32%
Volume286.80K
Volume Incr-32.12%
Vol(5)387.54K
Vol(50)371.76K
RYERSON HOLDING CORP / RYI FAQ
Can you provide the ChartMill technical rating for RYERSON HOLDING CORP?
ChartMill assigns a technical rating of 4 / 10 to RYI.
What is the trend direction for RYI stock?
The current trend direction for RYERSON HOLDING CORP (RYI) is Bearish.
What is the RSI signal for RYERSON HOLDING CORP (RYI) stock?
RYERSON HOLDING CORP (RYI) has an RSI value of 62.4077. This indicates that the stock is currently neutral.
What is the MACD signal for RYI stock?
The MACD indicator for RYERSON HOLDING CORP (RYI) has a value of 0.343043, indicating a bearish trend.