REGIONS FINANCIAL CORP (RF)

US7591EP1005 - Common Stock

23.77  +0.6 (+2.59%)

After market: 24.2423 +0.47 (+1.99%)

Technical Rating and Analysis

3

Taking everything into account, RF scores 3 out of 10 in our technical rating. In the last year, RF was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

In the last month RF has a been trading in the 23.01 - 27.96 range, which is quite wide. It is currently trading near the lows of this range.
RF has an average volume of 8273440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that RF is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RF is an average performer in the Banks industry, it outperforms 67% of 406 stocks in the same industry.
RF 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 RF is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RF Weekly chart
RF Daily chart
Setup Rating and Analysis

3

The technical rating of RF is bad and it also does not present a 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.

Support and Resistance Analysis

19.39

24.01

We found 3 important support areas.

  • A support zone ranging from 23.17 to 23.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.62 from a trend line in the weekly time frame.
  • Support @19.59 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.06
Mansfield0.26
10 Day High26.25
10 Day Low23.01
20 Day High27.96
20 Day Low23.01
52 Week High27.96
52 Week Low17.42
Performance
1 Week-5.34%
2 Weeks-9.48%
1 Month-11.11%
3 Month2.86%
6 Month25.57%
12 Month23.35%
2 Year10.25%
3 Year9.04%
5 Year38.52%
10 Year125.1%
15 Year349.34%
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)-0.38
RSI(14)33.76
LBB23.04
UBB27.22
RF Daily chart

REGIONS FINANCIAL CORP

NYSE:RF (12/20/2024, 8:04:00 PM)

After market: 24.2423 +0.47 (+1.99%)

23.77

+0.6 (+2.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.59%
1 Week-5.34%
2 Weeks-9.48%
1 Month-11.11%
3 Month2.86%
6 Month25.57%
12 Month23.35%
2 Year10.25%
3 Year9.04%
5 Year38.52%
10 Year125.1%
15 Year349.34%
Volatility
ATR(14)0.61
ATR(20)%2.46%
ATR Inc37.28%
Range Today0.89
ADR(20)0.57
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.06
Mansfield0.26
10 Day High26.25
10 Day Low23.01
20 Day High27.96
20 Day Low23.01
52 Week High27.96
52 Week Low17.42
CS1 End23.76
CR1 StartN/A
Volume & EV
DER(3)0.25%
DER(5)1.26%
Volume29.52M
Volume Incr75%
Vol(5)12.46M
Vol(50)8.27M