RANGE RESOURCES CORP (RRC) Stock Technical Analysis
NYSE:RRC - New York Stock Exchange, Inc. - US75281A1097 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to RRC. Both in the recent history as in the last year, RRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month RRC has a been trading in the 36.38 - 41.95 range, which is quite wide. It is currently trading near the lows of this range.
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!
Looking at the yearly performance, RRC did better than 86% of all other stocks.
RRC is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. RRC outperforms 82% of them.
RRC has an average volume of 2400340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RRC is lagging the market.
Besides having an excellent technical rating, RRC 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 36.48, a Stop Loss order could be placed below this zone.
More info and screens
27.71
41.71
5 important support areas can be observed.
- A support zone ranging from 35.51 to 36.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.55 from a horizontal line in the daily time frame.
- A support zone ranging from 32.87 to 33.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.71 from a trend line in the weekly time frame.
- Support @27.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.08 to 41.30. This zone is formed by a combination of multiple trend lines 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
CRS86.53
Mansfield0.3
10 Day High41.95
10 Day Low36.82
20 Day High41.95
20 Day Low36.38
52 Week High41.95
52 Week Low27.29
Performance
1 Week0.91%
2 Weeks-7.88%
1 Month5.1%
3 Month14.26%
6 Month26.56%
12 Month34.83%
2 Year40.09%
3 Year64.44%
5 Year1262.45%
10 Year-23.82%
15 Year-25.43%
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)-0.43
RSI(14)50.39
LBB35.71
UBB42.5
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 |
|---|---|---|---|
| 38.39 | 36.81 | 1.58 (4.11%) | 24.33% |
| An entry @38.39. This is a Buy Stop order right above the 10 day moving average. | An exit @36.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.58 points, which is 4.11%. | For a 1.00% total portfolio risk, you can invest 24.33% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RRC. 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.
RANGE RESOURCES CORP
NYSE:RRC (2/4/2025, 8:05:33 PM)
After market: 37.71 -0.03 (-0.08%)37.74
+0.3 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.8%
1 Week0.91%
2 Weeks-7.88%
1 Month5.1%
3 Month14.26%
6 Month26.56%
12 Month34.83%
2 Year40.09%
3 Year64.44%
5 Year1262.45%
10 Year-23.82%
15 Year-25.43%
Volatility
ATR(14)1.13
ATR(20)%2.9%
ATR Inc-7.49%
Range Today1
ADR(20)1
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.53
Mansfield0.3
10 Day High41.95
10 Day Low36.82
20 Day High41.95
20 Day Low36.38
52 Week High41.95
52 Week Low27.29
CS1 End36.48
CR1 Start41.08
Volume & EV
DER(3)0.22%
DER(5)-0.5%
Volume2.08M
Volume Incr-17.79%
Vol(5)2.27M
Vol(50)2.40M