Logo image of RMED

RA MEDICAL SYSTEMS INC (RMED) Stock Technical Analysis

NYSEARCA:RMED - NYSE Arca - US74933X3026 - Common Stock - Currency: USD

0.594  +0.05 (+10%)

After market: 0.5785 -0.02 (-2.61%)

Technical Rating and Analysis

0

Overall RMED gets a technical rating of 0 out of 10. RMED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RMED is a bad performer in the overall market: 99% of all stocks are doing better.
RMED is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 89% are performing better than RMED.
RMED is currently making a new 52 week low. This is a very bad signal. RMED is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month RMED has a been trading in the 0.52 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RA MEDICAL SYSTEMS INC / RMED Weekly stock chart
RA MEDICAL SYSTEMS INC / RMED Daily stock chart
Setup Rating and Analysis

4

RMED 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.

Support and Resistance Analysis

0.59

0.70

When analyzing the resistance we notice 3 important areas.

  • Resistance @0.62 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.69 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-8.22
10 Day High0.8
10 Day Low0.52
20 Day High0.8
20 Day Low0.52
52 Week High11.14
52 Week Low0.52
Performance
1 Week-11.2%
2 Weeks-6.82%
1 Month-13.28%
3 Month-49.66%
6 Month-79.3%
12 Month-92.68%
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
RSI(14)38.06
LBB0.56
UBB0.71
RA MEDICAL SYSTEMS INC / RMED Daily stock chart

RA MEDICAL SYSTEMS INC

NYSEARCA:RMED (8/17/2023, 8:04:01 PM)

After market: 0.5785 -0.02 (-2.61%)

0.594

+0.05 (+10%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg10%
1 Week-11.2%
2 Weeks-6.82%
1 Month-13.28%
3 Month-49.66%
6 Month-79.3%
12 Month-92.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%10.98%
ATR Inc38.12%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-8.22
10 Day High0.8
10 Day Low0.52
20 Day High0.8
20 Day Low0.52
52 Week High11.14
52 Week Low0.52
CS1 EndN/A
CR1 Start0.62
Volume & EV
DER(3)-10.21%
DER(5)-7.26%
Volume77.50K
Volume Incr-32.06%
Vol(5)116.32K
Vol(50)350.11K