RCM TECHNOLOGIES INC (RCMT)
US7493604000 - Common Stock
We assign a technical rating of 4 out of 10 to RCMT. RCMT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, RCMT is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month RCMT has a been trading in the 21.41 - 24.82 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RCMT is part of the Professional Services industry. There are 79 other stocks in this industry, RCMT did better than 41% of them.
RCMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCMT is lagging the market slightly.
Although the technical rating is only medium, RCMT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.44
24.68
We found 3 important support areas.
- A support zone ranging from 21.50 to 22.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.97 from a horizontal line in the daily time frame.
- Support @19.64 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.69 to 22.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.01 from a horizontal line in the weekly time frame.
- Resistance @24.44 from a horizontal 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
CRS22.18
Mansfield-0.68
10 Day High23.31
10 Day Low21.41
20 Day High24.82
20 Day Low21.41
52 Week High32.15
52 Week Low17.11
Performance
1 Week-2.13%
2 Weeks4.51%
1 Month-6.33%
3 Month10.25%
6 Month24.2%
12 Month-28.75%
2 Year68.39%
3 Year227.7%
5 Year711.55%
10 Year279.73%
15 Year764.62%
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)-0.02
RSI(14)48.79
LBB21.38
UBB23.29
RCM TECHNOLOGIES INC
NASDAQ:RCMT (1/3/2025, 8:00:01 PM)
22.48
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.04%
1 Week-2.13%
2 Weeks4.51%
1 Month-6.33%
3 Month10.25%
6 Month24.2%
12 Month-28.75%
2 Year68.39%
3 Year227.7%
5 Year711.55%
10 Year279.73%
15 Year764.62%
Volatility
ATR(14)0.84
ATR(20)%3.78%
ATR Inc30.56%
Range Today0.71
ADR(20)0.83
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.18
Mansfield-0.68
10 Day High23.31
10 Day Low21.41
20 Day High24.82
20 Day Low21.41
52 Week High32.15
52 Week Low17.11
CS1 End22.33
CR1 Start22.69
Volume & EV
DER(3)1.27%
DER(5)-0.19%
Volume35.30K
Volume Incr23.32%
Vol(5)48.92K
Vol(50)47.96K