RYERSON HOLDING CORP (RYI) Technical Analysis
NYSE:RYI • US7837541041
Current stock price
28.16 USD
+0.19 (+0.68%)
At close:
28.16 USD
0 (0%)
After Hours:
RYI Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to RYI. In the last year, RYI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- RYI is part of the Metals & Mining industry. There are 158 other stocks in this industry, of which 61% are performing better than RYI.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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
30.85
When analyzing the support we can see 5 important areas.
- 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.
When analyzing the resistance we notice 2 important areas.
- 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
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)
RYI Technicals: Chart, Performance Metrics, Trend & Indicators
28.16
+0.19 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.68%
1 Week4.18%
2 Weeks-5.95%
1 Month-3.92%
3 Month22.81%
6 Month23.51%
12 Month11.83%
2 Year-10.83%
3 Year-21.63%
5 Year121.21%
10 Year661.08%
15 YearN/A
Volatility
ATR(14)1.82
ATR(20)%5.76%
ATR Inc128.26%
Range Today1.8
ADR(20)1.6
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.66
3 months CRS92.17
6 months CRS87.32
Mansfield1.01
10 Day High30
10 Day Low23.01
20 Day High30.9
20 Day Low23.01
52 Week High30.9
52 Week Low19.02
CS1 End27.27
CR1 Start29.81
Volume & EV
DER(3)4.96%
DER(5)3.38%
Volume1.17M
Volume Incr165.37%
Vol(5)1.17M
Vol(50)457.23K
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.
Can you provide the trend direction for RYERSON HOLDING CORP?
The current trend direction for RYERSON HOLDING CORP (RYI) is Bullish.
What is the RSI signal for RYERSON HOLDING CORP (RYI) stock?
RYERSON HOLDING CORP (RYI) has an RSI value of 52.4018. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RYERSON HOLDING CORP?
The short term momentum for RYERSON HOLDING CORP (RYI) is neutral.