RED CAT HOLDINGS INC (RCAT) Stock Technical Analysis
NASDAQ:RCAT - Nasdaq - US75644T1007 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to RCAT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RCAT has a been trading in the 7.72 - 11.22 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, RCAT did better than 99% of all other stocks. We also observe that the gains produced by RCAT over the past year are nicely spread over this period.
RCAT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 99% of 124 stocks in the same industry.
RCAT has an average volume of 10836500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
RCAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RCAT is lagging the market.
Considerably lower volume is observed in the last couple of days.
RCAT has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
4.18
7.84
When analyzing the support we notice one important area.
- Support @4.22 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.73
Mansfield8.65
10 Day High11.22
10 Day Low7.73
20 Day High11.22
20 Day Low7.72
52 Week High15.27
52 Week Low0.69
Performance
1 Week-17.71%
2 Weeks-26.86%
1 Month-6.62%
3 Month-13.49%
6 Month144.03%
12 Month984.56%
2 Year492.37%
3 Year345.98%
5 YearN/A
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)-0.17
RSI(14)38.28
LBB7.69
UBB11.16
7.76
-0.74 (-8.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-8.71%
1 Week-17.71%
2 Weeks-26.86%
1 Month-6.62%
3 Month-13.49%
6 Month144.03%
12 Month984.56%
2 Year492.37%
3 Year345.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%12.77%
ATR Inc-18.29%
Range Today1.01
ADR(20)0.96
ADR(20)%12.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.73
Mansfield8.65
10 Day High11.22
10 Day Low7.73
20 Day High11.22
20 Day Low7.72
52 Week High15.27
52 Week Low0.69
CS1 End4.22
CR1 StartN/A
Volume & EV
DER(3)-7.23%
DER(5)-5.05%
Volume5.33M
Volume Incr-32.79%
Vol(5)6.12M
Vol(50)10.84M