RYERSON HOLDING CORP (RYI) Stock Technical Analysis
USA - NYSE:RYI - US7837541041 - Common Stock
22.45 USD
-0.16 (-0.71%)
22.45 USD
0 (0%)
Taking everything into account, RYI scores 4 out of 10 in our technical rating. In the last year, RYI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
RYI is one of the lesser performing stocks in the Metals & Mining industry. 64% of 156 stocks in the same industry do better.
In the last month RYI has a been trading in the 21.39 - 23.73 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, RYI turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
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.
Although the technical rating is only medium, RYI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.41, a Stop Loss order could be placed below this zone.
More info and screens
19.00
25.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.09 to 22.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.94 to 20.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.19 to 19.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.95 to 24.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.55 to 24.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.56 to 25.70. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for RYI is neutral. |
| ChartMill Relative Strength | 69.26 | NEUTRAL | RYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RYI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RYI is above a declining 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) | 50.58 | NEUTRAL | The RSI value for RYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RYI has a negative trend. |
| Stochastics (14,3) | 33.53 | NEUTRAL | The Stochastics value for RYI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for RYI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.22 | 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)
22.45
-0.16 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.71%
1 Week-4.47%
2 Weeks-1.23%
1 Month2.46%
3 Month8.04%
6 Month-4.02%
12 Month18.53%
2 Year-22.83%
3 Year-12.78%
5 Year291.8%
10 Year327.62%
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%2.92%
ATR Inc-17.92%
Range Today0.4
ADR(20)0.64
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.26
Mansfield-0.8
10 Day High23.73
10 Day Low21.8
20 Day High23.73
20 Day Low21.39
52 Week High27.41
52 Week Low17.18
CS1 End22.41
CR1 Start23.95
Volume & EV
DER(3)-1.17%
DER(5)-0.46%
Volume179.60K
Volume Incr-7.98%
Vol(5)181.22K
Vol(50)228.42K