RUSH ENTERPRISES INC - CL B (RUSHB) Stock Technical Analysis
NASDAQ:RUSHB - Nasdaq - US7818463082 - Common Stock - Currency: USD
Taking everything into account, RUSHB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RUSHB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RUSHB did better than 89% of all other stocks.
RUSHB is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 91% of 48 stocks in the same industry.
RUSHB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RUSHB slightly outperforms the market at the moment.
In the last month RUSHB has a been trading in the 51.84 - 59.62 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, RUSHB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
51.15
60.13
We found 4 important support areas.
- Strong support @57.83 from a horizontal line in the daily time frame.
- A support zone ranging from 55.76 to 56.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.37 from a trend line in the daily time frame.
- A support zone ranging from 51.67 to 52.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @58.11 from a horizontal line in the weekly time frame.
- Resistance @59.53 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
CRS89.67
Mansfield2.61
10 Day High58.64
10 Day Low51.84
20 Day High59.62
20 Day Low51.84
52 Week High61.55
52 Week Low37.85
Performance
1 Week3.07%
2 Weeks6.61%
1 Month3.86%
3 Month5.43%
6 Month25.38%
12 Month24.89%
2 Year48.77%
3 Year79.88%
5 Year270.22%
10 Year431.19%
15 Year850.03%
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)0.18
RSI(14)55.6
LBB52.68
UBB60.38
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 |
|---|---|---|---|
| 58.12 | 57.82 | 0.30 (0.52%) | 25.00% |
| An entry @58.12. This is a Buy Stop order right above the resistance zone. | An exit @57.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 0.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%. |
- The distance between exit and entry is rather small compared to the average daily movement of RUSHB. 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.
58.1
+0.75 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.31%
1 Week3.07%
2 Weeks6.61%
1 Month3.86%
3 Month5.43%
6 Month25.38%
12 Month24.89%
2 Year48.77%
3 Year79.88%
5 Year270.22%
10 Year431.19%
15 Year850.03%
Volatility
ATR(14)2.71
ATR(20)%4.15%
ATR Inc-43.73%
Range Today1.44
ADR(20)2.16
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.67
Mansfield2.61
10 Day High58.64
10 Day Low51.84
20 Day High59.62
20 Day Low51.84
52 Week High61.55
52 Week Low37.85
CS1 End57.83
CR1 Start58.11
Volume & EV
DER(3)-1.86%
DER(5)-1.77%
Volume37.40K
Volume Incr-5.76%
Vol(5)35.92K
Vol(50)30.66K