ROYALTY MANAGEMENT HOLDING C (RMCO) Stock Technical Analysis
NASDAQ:RMCO - Nasdaq - US02369M1027 - Common Stock - Currency: USD
Overall RMCO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RMCO is only an average performer.
Warning: RMCO has an average volume of 27644 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, RMCO turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
RMCO is an average performer in the Commercial Services & Supplies industry, it outperforms 61% of 84 stocks in the same industry.
RMCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RMCO is lagging the market.
In the last month RMCO has a been trading in the 1.04 - 1.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RMCO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RMCO 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
0.93
1.23
4 important support areas can be observed.
- A support zone ranging from 1.07 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.01 from a trend line in the daily time frame.
- Support @0.99 from a trend line in the weekly time frame.
- Support @0.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @1.10 from a trend line in the daily time frame.
- A resistance zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.20 from a horizontal line in the daily time frame.
- Resistance @1.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.74
Mansfield-0.04
10 Day High1.19
10 Day Low1.07
20 Day High1.24
20 Day Low1.04
52 Week High1.8
52 Week Low0.7
Performance
1 Week-1.79%
2 Weeks-3.68%
1 Month1.85%
3 Month7.84%
6 Month30.33%
12 Month-5.99%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.01
RSI(14)47.97
LBB1.08
UBB1.21
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 |
|---|---|---|---|
| 1.11 | 1.06 | 0.05 (4.50%) | 22.20% |
| An entry @1.11. This is a Buy Stop order right above the resistance zone. | An exit @1.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 4.50%. | When investing 22.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RMCO. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:RMCO (2/21/2025, 8:00:01 PM)
1.1
-0.04 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-3.51%
1 Week-1.79%
2 Weeks-3.68%
1 Month1.85%
3 Month7.84%
6 Month30.33%
12 Month-5.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6%
ATR Inc-29.23%
Range Today0.04
ADR(20)0.06
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.74
Mansfield-0.04
10 Day High1.19
10 Day Low1.07
20 Day High1.24
20 Day Low1.04
52 Week High1.8
52 Week Low0.7
CS1 End1.09
CR1 Start1.1
Volume & EV
DER(3)6.86%
DER(5)-4.04%
Volume7.00K
Volume Incr-34.85%
Vol(5)7.18K
Vol(50)27.64K