RADIANT LOGISTICS INC (RLGT) Stock Technical Analysis
NYSEARCA:RLGT - NYSE Arca - US75025X1000 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to RLGT. RLGT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
RLGT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RLGT is lagging the market slightly.
When compared to the yearly performance of all other stocks, RLGT outperforms 64% of them, which is more or less in line with the market.
RLGT is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry, RLGT did better than 63% of them.
In the last month RLGT has a been trading in the 6.78 - 7.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RLGT has an average technical rating and it also does not offer a high 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
6.18
7.80
4 important support areas can be observed.
- Support @6.72 from a trend line in the weekly time frame.
- Support @6.60 from a trend line in the daily time frame.
- A support zone ranging from 6.39 to 6.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.24 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.48 to 7.72. 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
CRS64.63
Mansfield0.47
10 Day High7.94
10 Day Low6.88
20 Day High7.94
20 Day Low6.78
52 Week High7.94
52 Week Low4.83
Performance
1 Week-4.17%
2 Weeks-1.99%
1 Month-1.43%
3 Month-8.49%
6 Month9%
12 Month19.38%
2 Year21.48%
3 Year0%
5 Year56.82%
10 Year49.67%
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)-0.01
RSI(14)44.93
LBB6.73
UBB7.56
6.9
-0.29 (-4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-4.03%
1 Week-4.17%
2 Weeks-1.99%
1 Month-1.43%
3 Month-8.49%
6 Month9%
12 Month19.38%
2 Year21.48%
3 Year0%
5 Year56.82%
10 Year49.67%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%3.89%
ATR Inc50.27%
Range Today0.51
ADR(20)0.25
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.63
Mansfield0.47
10 Day High7.94
10 Day Low6.88
20 Day High7.94
20 Day Low6.78
52 Week High7.94
52 Week Low4.83
CS1 End6.72
CR1 Start7.48
Volume & EV
DER(3)-5.26%
DER(5)-0.95%
Volume193.00K
Volume Incr68.23%
Vol(5)215.64K
Vol(50)123.56K