REGIONS FINANCIAL CORP (RF)
US7591EP1005 - Common Stock
We assign a technical rating of 8 out of 10 to RF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RF is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RF did better than 71% of all other stocks.
RF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RF is lagging the market slightly.
In the last month RF has a been trading in the 18.70 - 20.37 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
RF has an average volume of 7657860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RF is an average performer in the Banks industry, it outperforms 61% of 411 stocks in the same industry.
Besides having an excellent technical rating, RF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.94, a Stop Loss order could be placed below this zone.
More info and screens
17.61
21.25
3 important support areas can be observed.
- A support zone ranging from 19.51 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.89 to 19.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 17.79 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.62 to 20.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 21.04 to 21.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.89
Mansfield-0.32
10 Day High20.37
10 Day Low19.43
20 Day High20.37
20 Day Low18.7
52 Week High21.08
52 Week Low13.72
Performance
1 Week1.77%
2 Weeks1.92%
1 Month6.77%
3 Month9.2%
6 Month22.97%
12 Month19.69%
2 Year-8.65%
3 Year-13.8%
5 Year45.91%
10 Year98.04%
15 Year381.62%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)59.78
LBB19.32
UBB20.35
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.70 | 19.42 | 1.28 (6.18%) | 16.17% |
| An entry @20.70. This is a Buy Stop order right above the resistance zone. | An exit @19.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.28 points, which is 6.18%. | For a 1.00% total portfolio risk, you can invest 16.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
REGIONS FINANCIAL CORP
NYSE:RF (5/17/2024, 7:23:15 PM)
After market: 20 -0.18 (-0.89%)20.18
+0.08 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.4%
1 Week1.77%
2 Weeks1.92%
1 Month6.77%
3 Month9.2%
6 Month22.97%
12 Month19.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%1.89%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.37
10 Day Low19.43
20 Day High20.37
20 Day Low18.7
52 Week High21.08
52 Week Low13.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.25M
Volume Incr-34.36%
Vol(5)5.36M
Vol(50)7.66M