READY CAPITAL CORP (RC) Stock Technical Analysis
NYSE:RC - New York Stock Exchange, Inc. - US75574U1016 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to RC. RC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than RC.
RC is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 64 other stocks in this industry, of which 82% are performing better than RC.
RC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RC has a been trading in the 6.39 - 7.03 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
RC has an average volume of 2072880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RC has a bad 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 6.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RC 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
6.48
7.82
When analyzing the support we notice one important area.
- A support zone ranging from 6.55 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.90 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.35 to 7.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.58 from a horizontal line in the daily time frame.
- Resistance @7.74 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.38
Mansfield-2.19
10 Day High7.03
10 Day Low6.54
20 Day High7.03
20 Day Low6.39
52 Week High9.54
52 Week Low6.39
Performance
1 Week2.13%
2 Weeks-0.15%
1 Month-1.47%
3 Month-9.07%
6 Month-20.38%
12 Month-26.23%
2 Year-40.32%
3 Year-54.75%
5 Year-53.66%
10 YearN/A
15 YearN/A
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)47.31
LBB6.5
UBB6.91
6.72
-0.17 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-2.47%
1 Week2.13%
2 Weeks-0.15%
1 Month-1.47%
3 Month-9.07%
6 Month-20.38%
12 Month-26.23%
2 Year-40.32%
3 Year-54.75%
5 Year-53.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.59%
ATR Inc76%
Range Today0.43
ADR(20)0.17
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.38
Mansfield-2.19
10 Day High7.03
10 Day Low6.54
20 Day High7.03
20 Day Low6.39
52 Week High9.54
52 Week Low6.39
CS1 End6.56
CR1 Start6.9
Volume & EV
DER(3)6.6%
DER(5)5.37%
Volume4.32M
Volume Incr36.3%
Vol(5)2.51M
Vol(50)2.07M