RYERSON HOLDING CORP (RYI) Stock Technical Analysis
NYSE:RYI - New York Stock Exchange, Inc. - US7837541041 - Common Stock - Currency: USD
Overall RYI gets a technical rating of 0 out of 10. RYI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than RYI.
RYI is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 69% are performing better than RYI.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RYI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RYI is lagging the market slightly.
In the last month RYI has a been trading in the 19.38 - 23.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RYI has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
17.84
26.38
When analyzing the support we can see 4 important areas.
- Support @20.80 from a horizontal line in the weekly time frame.
- Support @20.38 from a trend line in the daily time frame.
- Support @19.91 from a horizontal line in the daily time frame.
- A support zone ranging from 18.02 to 18.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 21.53 to 22.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.31 to 23.45. 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.
- Resistance @26.12 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 RYI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RYI is down. |
| ChartMill Relative Strength | 24.34 | NEGATIVE | RYI has a low relative strength, it was outperformed by 75.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RYI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RYI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.17 | NEUTRAL | The RSI value for RYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RYI has a negative trend. |
| Stochastics (14,3) | 35.81 | NEUTRAL | The Stochastics value for RYI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for RYI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for RYI suggests a weak or negative 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)
20.82
-0.26 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.23%
1 Week-4.58%
2 Weeks0.05%
1 Month-10.68%
3 Month-14.32%
6 Month-17.97%
12 Month-14.99%
2 Year-38.75%
3 Year-30.92%
5 Year317.23%
10 Year150.84%
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.75%
ATR Inc-48.68%
Range Today0.49
ADR(20)0.93
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.34
Mansfield-0.53
10 Day High22.76
10 Day Low20.58
20 Day High23.73
20 Day Low19.38
52 Week High27.41
52 Week Low17.18
CS1 End20.8
CR1 Start21.53
Volume & EV
DER(3)-2.37%
DER(5)-1.43%
Volume180.60K
Volume Incr-28.88%
Vol(5)134.44K
Vol(50)200.70K