RICHTECH ROBOTICS INC-CL B (RR) Stock Technical Analysis
NASDAQ:RR - Nasdaq - US7655041058 - Common Stock - Currency: USD
Taking everything into account, RR scores 6 out of 10 in our technical rating. In the last year, RR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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.
RR is part of the Machinery industry. There are 128 other stocks in this industry. RR outperforms 95% of them.
In the last month RR has a been trading in the 1.69 - 2.33 range, which is quite wide. It is currently trading near the high of this range.
RR has an average volume of 8492000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RR is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, RR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.82
2.89
We found 2 important support areas.
- A support zone ranging from 1.98 to 2.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.84 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.86 from a trend 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
CRS92.35
Mansfield5.3
10 Day High2.33
10 Day Low1.76
20 Day High2.33
20 Day Low1.69
52 Week High5.2
52 Week Low0.3
Performance
1 Week16.67%
2 Weeks25.14%
1 Month2.28%
3 Month-32.33%
6 Month255.5%
12 Month79.2%
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)0.04
RSI(14)57.74
LBB1.67
UBB2.22
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 |
|---|---|---|---|
| 2.26 | 1.97 | 0.29 (12.83%) | 7.79% |
| An entry @2.26. This is a Buy Stop order right above the resistance zone. | An exit @1.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 12.83%. | For a 1.00% total portfolio risk, you can invest 7.79% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RR. 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:RR (4/28/2025, 3:31:59 PM)
2.195
-0.05 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.01%
1 Week16.67%
2 Weeks25.14%
1 Month2.28%
3 Month-32.33%
6 Month255.5%
12 Month79.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%10.03%
ATR Inc9.85%
Range Today0.26
ADR(20)0.21
ADR(20)%9.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.35
Mansfield5.3
10 Day High2.33
10 Day Low1.76
20 Day High2.33
20 Day Low1.69
52 Week High5.2
52 Week Low0.3
CS1 End2.01
CR1 Start2.25
Volume & EV
DER(3)8.32%
DER(5)2.46%
Volume4.78M
Volume Incr-35.71%
Vol(5)4.82M
Vol(50)8.49M