RANGE RESOURCES CORP (RRC)
US75281A1097 - Common Stock
Overall RRC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RRC is one of the better performing stocks in the market, outperforming 85% of all stocks.
RRC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. RRC outperforms 72% of them.
RRC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RRC has a been trading in the 34.19 - 38.25 range, which is quite wide. It is currently trading near the high of this range.
RRC has an average volume of 2348960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RRC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.79. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RRC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.21
38.17
We found 4 important support areas.
- Support @37.77 from a horizontal line in the daily time frame.
- A support zone ranging from 34.54 to 35.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.79 from a horizontal line in the daily time frame.
- Support @29.51 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.79 to 37.79. 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
CRS85.36
Mansfield0.37
10 Day High37.95
10 Day Low35.21
20 Day High38.25
20 Day Low34.19
52 Week High38.25
52 Week Low25.89
Performance
1 Week6.33%
2 Weeks5.8%
1 Month7.12%
3 Month22.86%
6 Month12.04%
12 Month28.81%
2 Year11.28%
3 Year178.61%
5 Year383.12%
10 Year-59.35%
15 Year-17.53%
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
RSI(14)61.8
LBB34.47
UBB38.19
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 |
|---|---|---|---|
| 37.80 | 37.76 | 0.04 (0.11%) | 25.00% |
| An entry @37.80. This is a Buy Stop order right above the resistance zone. | An exit @37.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 0.11%. | For a 0.03% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RRC. Please evaluate whether better entry and exit points can be found.
- 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.
RANGE RESOURCES CORP
NYSE:RRC (5/17/2024, 7:24:12 PM)
After market: 37.2001 -0.58 (-1.53%)37.78
+0.87 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.36%
1 Week6.33%
2 Weeks5.8%
1 Month7.12%
3 Month22.86%
6 Month12.04%
12 Month28.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.04
ATR(20)%2.77%
ATR Inc
Range Today0.95
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 High37.95
10 Day Low35.21
20 Day High38.25
20 Day Low34.19
52 Week High38.25
52 Week Low25.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.53M
Volume Incr-10.74%
Vol(5)2.21M
Vol(50)2.35M