RB GLOBAL INC (RBA)

CA74935Q1072 - Common Stock

95.34  +1.6 (+1.71%)

After market: 95.34 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to RBA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RBA is showing a nice and steady performance.

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 85% of all stocks. We also observe that the gains produced by RBA over the past year are nicely spread over this period.
RBA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 80% of 84 stocks in the same industry.
RBA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RBA has a been trading in the 84.31 - 95.65 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
RBA Weekly chart
RBA Daily chart
Setup Rating and Analysis

7

Although RBA has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

70.09

96.29

We found 5 important support areas.

  • A support zone ranging from 84.74 to 86.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 82.18 to 82.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @77.88 from a trend line in the weekly time frame.
  • Support @72.49 from a horizontal line in the daily time frame.
  • Support @70.80 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.71
Mansfield1.17
10 Day High95.65
10 Day Low85.55
20 Day High95.65
20 Day Low84.31
52 Week High95.65
52 Week Low60.84
Performance
1 Week3.23%
2 Weeks6.72%
1 Month12.68%
3 Month11.29%
6 Month25.18%
12 Month51.67%
2 Year73.82%
3 Year40.45%
5 Year121.77%
10 Year264.87%
15 Year300.25%
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)0.35
RSI(14)72.39
LBB85.97
UBB97.21
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
95.6685.5410.12 (10.58%)9.45%
An entry @95.66. This is a Buy Stop order right above the 10 day high.An exit @85.54. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 10.12 points, which is 10.58%.When investing 9.45% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
RBA Daily chart

RB GLOBAL INC

NYSE:RBA (11/21/2024, 8:04:00 PM)

After market: 95.34 0 (0%)

95.34

+1.6 (+1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.71%
1 Week3.23%
2 Weeks6.72%
1 Month12.68%
3 Month11.29%
6 Month25.18%
12 Month51.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.43
ATR(20)%2.22%
ATR Inc
Range Today2.21
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 High95.65
10 Day Low85.55
20 Day High95.65
20 Day Low84.31
52 Week High95.65
52 Week Low60.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume706.80K
Volume Incr3.57%
Vol(5)869.52K
Vol(50)851.65K