RIVERFRONT STRATEGIC INCOME (RIGS) Stock Technical Analysis
NYSEARCA:RIGS - NYSE Arca - US00162Q7833 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to RIGS. RIGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
63% of all other stocks performed better in the past year than RIGS.
Warning: RIGS has an average volume of 16964 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RIGS has a been trading in the 21.24 - 23.34 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
RIGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIGS is lagging the market.
RIGS has a poor technical rating and the quality of the setup is also only medium 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
22.26
23.93
When analyzing the support we notice one important area.
- A support zone ranging from 22.48 to 22.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.81 to 23.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.57 to 23.69. 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
CRS37.15
Mansfield-0.85
10 Day High23.34
10 Day Low21.24
20 Day High23.34
20 Day Low21.24
52 Week High24.29
52 Week Low20.03
Performance
1 Week-1.57%
2 Weeks-1.61%
1 Month-0.57%
3 Month-1.35%
6 Month-3.44%
12 Month-1.09%
2 Year0%
3 Year-5.52%
5 Year-7.71%
10 Year-10.84%
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)-0.03
RSI(14)39.53
LBB22.65
UBB23.2
22.61
-0.18 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-1.57%
2 Weeks-1.61%
1 Month-0.57%
3 Month-1.35%
6 Month-3.44%
12 Month-1.09%
2 Year0%
3 Year-5.52%
5 Year-7.71%
10 Year-10.84%
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.34%
ATR Inc55.91%
Range Today0.32
ADR(20)0.29
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.15
Mansfield-0.85
10 Day High23.34
10 Day Low21.24
20 Day High23.34
20 Day Low21.24
52 Week High24.29
52 Week Low20.03
CS1 End22.6
CR1 Start22.81
Volume & EV
DER(3)2.92%
DER(5)1.51%
Volume23.80K
Volume Incr-16.51%
Vol(5)15.98K
Vol(50)16.96K