RICHMOND MUTUAL BANCORPORATI (RMBI) Stock Technical Analysis
NASDAQ:RMBI - Nasdaq - US76525P1003 - Common Stock - Currency: USD
Taking everything into account, RMBI scores 7 out of 10 in our technical rating. Although RMBI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, RMBI did better than 88% of all other stocks. We also observe that the gains produced by RMBI over the past year are nicely spread over this period.
RMBI is one of the better performing stocks in the Banks industry, it outperforms 76% of 398 stocks in the same industry.
RMBI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RMBI slightly outperforms the market at the moment.
In the last month RMBI has a been trading in the 11.80 - 14.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RMBI has an excellent technical rating, it does not present a decent entry opportunity 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
11.72
15.04
When analyzing the support we can see 4 important areas.
- Support @13.75 from a trend line in the weekly time frame.
- A support zone ranging from 12.66 to 12.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.33 from a horizontal line in the daily time frame.
- A support zone ranging from 11.84 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @14.00 from a trend line in the daily time frame.
- A resistance zone ranging from 14.82 to 14.89. 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
CRS88.58
Mansfield1.24
10 Day High14.1
10 Day Low11.85
20 Day High14.1
20 Day Low11.8
52 Week High15.15
52 Week Low10.15
Performance
1 Week13.21%
2 Weeks11%
1 Month7.51%
3 Month1.09%
6 Month6.77%
12 Month28.4%
2 Year38.94%
3 Year-15.26%
5 Year29.96%
10 YearN/A
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)0.21
RSI(14)68.51
LBB11.18
UBB14.03
13.88
+0.04 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.29%
1 Week13.21%
2 Weeks11%
1 Month7.51%
3 Month1.09%
6 Month6.77%
12 Month28.4%
2 Year38.94%
3 Year-15.26%
5 Year29.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%3.74%
ATR Inc2.05%
Range Today0.6
ADR(20)0.51
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
Mansfield1.24
10 Day High14.1
10 Day Low11.85
20 Day High14.1
20 Day Low11.8
52 Week High15.15
52 Week Low10.15
CS1 End13.75
CR1 Start14
Volume & EV
DER(3)-1.05%
DER(5)1.77%
Volume37.39K
Volume Incr86.01%
Vol(5)52.54K
Vol(50)30.88K