RYERSON HOLDING CORP (RYZ) Technical Analysis
NYSE:RYZ • US7837541041
Current stock price
RYZ Technical Rating and Analysis
Taking everything into account, RYZ scores 4 out of 10 in our technical rating. In the last year, RYZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, RYZ is a bad performer in the overall market: 100% of all stocks are doing better.
- RYZ is part of the Metals & Mining industry. There are 160 other stocks in this industry, of which 87% are performing better than RYZ.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month RYZ has a been trading in the 19.34 - 24.99 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RYZ Weekly and Daily overview Charts
RYZ Setup Rating and Analysis
RYZ 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
RYZ Support and Resistance Analysis
21.86
We found 1 important support area.
- A support zone ranging from 22.08 to 22.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.98 to 24.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
RYZ 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 RYZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RYZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RYZ is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 64.19 | NEUTRAL | The RSI value for RYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests RYZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.13 | OVERBOUGHT | The high Stochastics value suggests RYZ may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 34.22 | POSITIVE | The high ADX value value for RYZ suggests a strong trend. |
RYZ Chart- and CandleStick Pattern Analysis
RYZ Technicals: Chart, Performance Metrics, Trend & Indicators
24.97
+0.33 (+1.34%)
RYERSON HOLDING CORP / RYZ TA FAQ
What is the ChartMill technical rating of RYERSON HOLDING CORP (RYZ) stock?
ChartMill assigns a technical rating of 4 / 10 to RYZ.
What is the current trend direction of RYERSON HOLDING CORP (RYZ) stock?
The current trend direction for RYERSON HOLDING CORP (RYZ) is Bullish.
What is the RSI signal for RYERSON HOLDING CORP (RYZ) stock?
RYERSON HOLDING CORP (RYZ) has an RSI value of 64.1943. This indicates that the stock is currently neutral.
What is the buy/sell signal for RYZ stock?
The buy/sell signal for RYERSON HOLDING CORP (RYZ) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RYZ stock?
RYERSON HOLDING CORP (RYZ) has a support level at 22.18 and a resistance level at 24.98. Check the full technical report for our detailed analysis of RYZ support and resistance levels.