R1 RCM INC Technical Analysis (NASDAQ:RCM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The R1 RCM INC stock price data and volume are plotted in RCM stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for R1 RCM INC. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of R1 RCM INC stock analysis.
R1 RCM INC Moving Average
Moving averages show the RCM stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $4.98 is below the last closing price of $5.17 and the 50 day moving average of $4.6 is below the last closing price of $5.17. The 10 and 20 day periods can predict short term moving average trends.
R1 RCM INC Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RCM stock. Currently the stock price of $5.17 is in the upper range of R1 RCM INC bollinger bands.
R1 RCM INC Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The R1 RCM INC MACD line is below the signal line.
R1 RCM INC Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of RCM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.