RYERSON HOLDING CORP (RYI) Technical Analysis
NYSE:RYI • US7837541041
Current stock price
RYI Technical Rating and Analysis
Overall RYI gets a technical rating of 5 out of 10. RYI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- RYI is one of the lesser performing stocks in the Metals & Mining industry. 63% of 157 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- RYI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RYI is performing more or less in line with the market.
- In the last month RYI has a been trading in the 23.01 - 30.90 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that RYI is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
RYI Weekly and Daily overview Charts
RYI Setup Rating and Analysis
RYI has an average technical rating and it also does not offer a high 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
RYI Support and Resistance Analysis
20.08
5 important support areas can be observed.
- A support zone ranging from 27.03 to 27.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.72 from a trend line in the daily time frame.
- Support @22.10 from a horizontal line in the daily time frame.
- Support @21.01 from a trend line in the weekly time frame.
- Support @20.28 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.81 to 30.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.54 from a horizontal line in the daily time frame.
RYI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for RYI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RYI is neutral. |
| ChartMill Relative Strength | 79.66 | POSITIVE | RYI has a high relative strength, it outperformed 79.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RYI is above a declining 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) | UP | POSITIVE | The current price of RYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.4 | NEUTRAL | The RSI value for RYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RYI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.34 | NEUTRAL | The Stochastics value for RYI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for RYI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for RYI suggests a strong trend. |
RYI Chart- and CandleStick Pattern Analysis
RYI Technicals: Chart, Performance Metrics, Trend & Indicators
28.16
+0.19 (+0.68%)
RYERSON HOLDING CORP / RYI TA FAQ
Can you provide the ChartMill technical rating for RYERSON HOLDING CORP?
ChartMill assigns a technical rating of 5 / 10 to RYI.
What is the current trend direction of RYERSON HOLDING CORP (RYI) stock?
The current trend direction for RYERSON HOLDING CORP (RYI) is Bullish.
Can you provide the RSI signal for RYERSON HOLDING CORP?
RYERSON HOLDING CORP (RYI) has an RSI value of 52.4018. 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 -0.318592, indicating a bearish trend.
Can you provide the support and resistance levels for RYERSON HOLDING CORP?
RYERSON HOLDING CORP (RYI) has a support level at 27.27 and a resistance level at 29.81. Check the full technical report for our detailed analysis of RYI support and resistance levels.