REGIONS FINANCIAL CORP (RF)
US7591EP1005 - Common Stock
Taking everything into account, RF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RF did better than 90% of all other stocks. On top of that, RF also shows a nice and consistent pattern of rising prices.
RF is part of the Banks industry. There are 404 other stocks in this industry. RF outperforms 87% of them.
A new 52 week high is currently being made by RF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RF has a been trading in the 23.26 - 26.92 range, which is quite wide. It is currently trading near the high of this range.
RF has an average volume of 7675650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.75. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RF 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
18.05
27.02
We found 5 important support areas.
- A support zone ranging from 23.95 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.39 to 23.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.04 from a trend line in the weekly time frame.
- Support @19.45 from a trend line in the weekly time frame.
- Support @18.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.75 to 26.75. 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
CRS90.07
Mansfield1.57
10 Day High26.92
10 Day Low25.24
20 Day High26.92
20 Day Low23.26
52 Week High26.92
52 Week Low15.79
Performance
1 Week1.79%
2 Weeks5.23%
1 Month12.54%
3 Month17.23%
6 Month39.85%
12 Month66.6%
2 Year15.21%
3 Year17.54%
5 Year60.7%
10 Year165.54%
15 Year356.31%
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)0.08
RSI(14)71.69
LBB23.82
UBB27.75
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 |
|---|---|---|---|
| 26.76 | 25.22 | 1.54 (5.74%) | 17.43% |
| An entry @26.76. This is a Buy Stop order right above the resistance zone. | An exit @25.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.54 points, which is 5.74%. | When investing 17.43% 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.
REGIONS FINANCIAL CORP
NYSE:RF (11/21/2024, 8:04:00 PM)
After market: 26.73 -0.01 (-0.04%)26.74
+0.48 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.83%
1 Week1.79%
2 Weeks5.23%
1 Month12.54%
3 Month17.23%
6 Month39.85%
12 Month66.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.65
ATR(20)%2.34%
ATR Inc
Range Today0.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.92
10 Day Low25.24
20 Day High26.92
20 Day Low23.26
52 Week High26.92
52 Week Low15.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.85M
Volume Incr-15.22%
Vol(5)7.07M
Vol(50)7.68M