RB GLOBAL INC (RBA.CA) Stock Technical Analysis
TSX:RBA - Toronto Stock Exchange - CA74935Q1072 - Common Stock - Currency: CAD
Overall RBA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RBA 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 RBA is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, RBA also shows a nice and consistent pattern of rising prices.
RBA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RBA slightly outperforms the market at the moment.
RBA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RBA is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, RBA did better than 69% of them.
Besides having an excellent technical rating, RBA also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 148.05. Right above this resistance zone may be a good entry point.
More info and screens
101.47
150.50
When analyzing the support we can see 4 important areas.
- Support @132.14 from a trend line in the daily time frame.
- A support zone ranging from 124.81 to 128.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @122.23 from a trend line in the daily time frame.
- Support @102.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 148.05 to 149.01. 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
CRS84.22
Mansfield2.18
10 Day High150.26
10 Day Low141.78
20 Day High152.48
20 Day Low130.98
52 Week High152.48
52 Week Low95.43
Performance
1 Week-1.56%
2 Weeks-0.18%
1 Month11.25%
3 Month6.35%
6 Month30.02%
12 Month42.89%
2 Year91.65%
3 Year97.36%
5 Year202.34%
10 Year361.32%
15 Year565.13%
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)-0.26
RSI(14)60.99
LBB139.37
UBB151.17
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 |
|---|---|---|---|
| 149.02 | 141.77 | 7.25 (4.87%) | 20.55% |
| An entry @149.02. This is a Buy Stop order right above the resistance zone. | An exit @141.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.25 points, which is 4.87%. | For a 1.00% total portfolio risk, you can invest 20.55% 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.
TSX:RBA (3/7/2025, 7:00:00 PM)
145.73
+3.19 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.24%
1 Week-1.56%
2 Weeks-0.18%
1 Month11.25%
3 Month6.35%
6 Month30.02%
12 Month42.89%
2 Year91.65%
3 Year97.36%
5 Year202.34%
10 Year361.32%
15 Year565.13%
Volatility
ATR(14)3.99
ATR(20)%2.38%
ATR Inc-0.35%
Range Today4.51
ADR(20)2.85
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.22
Mansfield2.18
10 Day High150.26
10 Day Low141.78
20 Day High152.48
20 Day Low130.98
52 Week High152.48
52 Week Low95.43
CS1 End132.14
CR1 Start148.05
Volume & EV
DER(3)-1.58%
DER(5)-1.74%
Volume175.04K
Volume Incr-31.03%
Vol(5)196.24K
Vol(50)196.94K