RB GLOBAL INC (RBA) Stock Technical Analysis
NYSE:RBA - New York Stock Exchange, Inc. - CA74935Q1072 - Common Stock
Taking everything into account, RBA scores 8 out of 10 in our technical rating. In the last year, RBA was one of the better performers, but we do observe some doubts in the very recent evolution.
RBA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, RBA did better than 85% of all other stocks. On top of that, RBA also shows a nice and consistent pattern of rising prices.
RBA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 78% of 83 stocks in the same industry.
RBA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RBA is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
RBA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 90.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RBA 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
70.09
99.49
5 important support areas can be observed.
- A support zone ranging from 86.35 to 90.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.71 from a horizontal line in the daily time frame.
- A support zone ranging from 74.43 to 74.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.49 from a horizontal line in the daily time frame.
- Support @70.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 97.81 to 98.50. 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
CRS85.04
Mansfield0.25
10 Day High93.23
10 Day Low87.93
20 Day High93.23
20 Day Low87.93
52 Week High99.79
52 Week Low62.2
Performance
1 Week1.63%
2 Weeks-1.49%
1 Month0.02%
3 Month6.96%
6 Month14.75%
12 Month45.92%
2 Year50.24%
3 Year49.03%
5 Year115.18%
10 Year263.4%
15 Year332.21%
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)0.03
RSI(14)48.94
LBB88.38
UBB91.89
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 |
|---|---|---|---|
| 93.24 | 87.92 | 5.32 (5.71%) | 17.53% |
| An entry @93.23. This is a Buy Stop order right above the 10 day high. | An exit @87.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.32 points, which is 5.71%. | When investing 17.53% 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.
RB GLOBAL INC
NYSE:RBA (1/21/2025, 7:19:04 PM)
After market: 90.85 0 (0%)90.85
+1.6 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.79%
1 Week1.63%
2 Weeks-1.49%
1 Month0.02%
3 Month6.96%
6 Month14.75%
12 Month45.92%
2 Year50.24%
3 Year49.03%
5 Year115.18%
10 Year263.4%
15 Year332.21%
Volatility
ATR(14)1.7
ATR(20)%1.69%
ATR Inc-26.04%
Range Today1.54
ADR(20)1.49
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.04
Mansfield0.25
10 Day High93.23
10 Day Low87.93
20 Day High93.23
20 Day Low87.93
52 Week High99.79
52 Week Low62.2
CS1 End90.34
CR1 Start97.81
Volume & EV
DER(3)3.61%
DER(5)1.12%
Volume1.65M
Volume Incr49.09%
Vol(5)1.05M
Vol(50)830.64K