RALLIANT CORP (RAL) Stock Technical Analysis
USA - NYSE:RAL - US7509401086 - Common Stock
Taking everything into account, RAL scores 4 out of 10 in our technical rating. RAL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
RAL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.31. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.99 to 43.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.74 to 41.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.31 to 45.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | RAL 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 RAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.07 | NEUTRAL | The RSI value for RAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests RAL has a positive trend. |
| Stochastics (14,3) | 72.19 | NEUTRAL | The Stochastics value for RAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for RAL suggests some volalility. |
| Average Directional Index/ADX (14) | 9.41 | NEGATIVE | The low ADX value for RAL suggests a weak or negative trend. |
44.28
+0.36 (+0.82%)
RALLIANT CORP / RAL FAQ
What is the technical rating for RAL stock?
ChartMill assigns a technical rating of 4 / 10 to RAL.
What is the trend direction for RAL stock?
The current trend direction for RALLIANT CORP (RAL) is Bullish.
Can you provide the RSI signal for RALLIANT CORP?
RALLIANT CORP (RAL) has an RSI value of 57.0669. This indicates that the stock is currently neutral.
What is the MACD signal for RAL stock?
The MACD indicator for RALLIANT CORP (RAL) has a value of 0.114293, indicating a bearish trend.