ROSE HILL ACQUISITION CORP-A (ROSE) Stock Technical Analysis
NASDAQ:ROSE - Nasdaq - KYG7637J1076 - Common Stock - Currency: USD
Taking everything into account, ROSE scores 4 out of 10 in our technical rating. ROSE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ROSE 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.
Warning: ROSE has an average volume of 25576 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that ROSE is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, ROSE also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month ROSE has a been trading in a tight range between 11.60 and 11.93.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ROSE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.65, a Stop Loss order could be placed below this zone.
More info and screens
10.56
12.37
We found 3 important support areas.
- A support zone ranging from 11.65 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.41 from a horizontal line in the daily time frame.
- Support @10.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.70 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS78.64
Mansfield-0.26
10 Day High11.92
10 Day Low11.63
20 Day High11.93
20 Day Low11.6
52 Week High20
52 Week Low9.92
Performance
1 Week-0.77%
2 Weeks-0.34%
1 Month-1.19%
3 Month-0.43%
6 Month8.47%
12 Month14.65%
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)42.19
LBB11.65
UBB11.75
NASDAQ:ROSE (11/20/2023, 8:00:03 PM)
11.66
-0.02 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week-0.77%
2 Weeks-0.34%
1 Month-1.19%
3 Month-0.43%
6 Month8.47%
12 Month14.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.94%
ATR Inc-56.45%
Range Today0.05
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
CRS78.64
Mansfield-0.26
10 Day High11.92
10 Day Low11.63
20 Day High11.93
20 Day Low11.6
52 Week High20
52 Week Low9.92
CS1 End11.65
CR1 Start11.7
Volume & EV
DER(3)-0.04%
DER(5)-1.14%
Volume3.40K
Volume Incr34.02%
Vol(5)6.46K
Vol(50)25.58K