NYSE:RBA - New York Stock Exchange, Inc. - CA74935Q1072 - Common Stock - Currency: USD
Overall RBA gets a technical rating of 9 out of 10. 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.
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.
87.60
We found 4 important support areas.
We found 1 important resistance area.
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 |
---|---|---|---|
104.73 | 96.73 | 8.00 (7.64%) | 13.09% |
An entry @104.73. This is a Buy Stop order right above the resistance zone. | An exit @96.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.00 points, which is 7.64%. | For a 1.00% total portfolio risk, you can invest 13.09% of your capital in this trade. |
100.7
+1.55 (+1.56%)