ROCKWELL MEDICAL INC (RMTI) Stock Technical Analysis
NASDAQ:RMTI - Nasdaq - US7743743004 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RMTI. RMTI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
RMTI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RMTI has a been trading in the 1.75 - 2.27 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RMTI did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
RMTI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 68% of 189 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of RMTI is bad and it also does not present a 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
1.74
1.92
We found 1 important support area.
- A support zone ranging from 1.76 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.77 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.90 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield-2.75
10 Day High2.05
10 Day Low1.75
20 Day High2.27
20 Day Low1.75
52 Week High5.15
52 Week Low1.25
Performance
1 Week-4.84%
2 Weeks-10.61%
1 Month-20.63%
3 Month-21.33%
6 Month-41.78%
12 Month40.48%
2 Year7.93%
3 Year-52.25%
5 Year-94.27%
10 Year-98.39%
15 Year-97.3%
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)33.97
LBB1.71
UBB2.07
1.77
-0.03 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.67%
1 Week-4.84%
2 Weeks-10.61%
1 Month-20.63%
3 Month-21.33%
6 Month-41.78%
12 Month40.48%
2 Year7.93%
3 Year-52.25%
5 Year-94.27%
10 Year-98.39%
15 Year-97.3%
Volatility
ATR(14)0.1
ATR(20)%6.07%
ATR Inc-31.7%
Range Today0.08
ADR(20)0.1
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield-2.75
10 Day High2.05
10 Day Low1.75
20 Day High2.27
20 Day Low1.75
52 Week High5.15
52 Week Low1.25
CS1 End1.76
CR1 Start1.77
Volume & EV
DER(3)-10.55%
DER(5)-11.71%
Volume247.40K
Volume Incr-20.68%
Vol(5)207.52K
Vol(50)352.26K