RH (RH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RH - US74967X1037 - Common Stock
Overall RH gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RH was also a bad performer in the overall market in the last year.
The technical rating of RH 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.
More info and screens
144.19
We found 3 important support areas.
- A support zone ranging from 157.24 to 157.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @153.30 from a horizontal line in the daily time frame.
- A support zone ranging from 145.65 to 145.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 170.45 to 170.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @249.35 from a horizontal line in the daily time frame.
- Resistance @257.84 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RH is up. |
| ChartMill Relative Strength | 7.35 | NEGATIVE | RH has a low relative strength, it was outperformed by 92.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.84 | NEUTRAL | The RSI value for RH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.41 | POSITIVE | The MACD value suggests RH has a positive trend. |
| Stochastics (14,3) | 67.23 | NEUTRAL | The Stochastics value for RH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for RH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for RH suggests a weak or negative trend. |
170.44
+2.85 (+1.7%)
RH / RH FAQ
Can you provide the ChartMill technical rating for RH?
ChartMill assigns a technical rating of 2 / 10 to RH.
What is the trend direction for RH stock?
The current trend direction for RH (RH) is Bearish.
What is the RSI signal for RH stock?
RH (RH) has an RSI value of 57.8449. This indicates that the stock is currently neutral.
What is the buy/sell signal for RH stock?
The buy/sell signal for RH (RH) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for RH?
RH (RH) has a support level at 157.72 and a resistance level at 170.45. Check the full technical report for our detailed analysis of RH support and resistance levels.