Replies to post #53 on RPC, Inc (RES)

[eastunder]

StoXline



Technical Analysis
as of: 2012-04-03 11:53:40 AM

http://www.stoxline.com/quote.php?symbol=res


Overall


Our rating system posted a SELL today, same as yesterday. The market seems to continue bearish move. So you may continue to hold short positions or sell your long positions. You are relatively safe to short or sell now, downward move is expected.

Target 
  Six months: 12.94     One year: 14.23  
   
 Support 
  Support1: 9.30    Support2: 7.74  
   
 Resistance 
  Resistance1: 11.08    Resistance2: 12.18   
   
 Pivot 
  10.42   
   
 Moving Averages 
  MA(5): 10.68     MA(20): 10.37  
  
 MA(100): 11.45     MA(250): 13.47  
   
 MACD 
  MACD(12,26): 0.02     Signal(12,26,9): -0.01  
   
 Stochastic Oscillator 
  %K(14,3): 34.22     %D(3): 60.14  
   
 RSI 
  RSI(14): 45.55  
   
 52-Week 
  High: 18.99  Low: 9.30  Change(%): -35.3 
   
 Average Volume(K) 
  3-Month: 2673  10-Days 1570

Price and moving averages

Price and moving averages has closed below its Short term moving average. Short term moving average is currently above mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.

Bollinger Bands

RES has closed above bottom band by 28.3%. Bollinger Bands are 48.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to RES's normal range. The bands have been in this narrow range for 11 bars. This is a sign that the market may be about to initiate a new trend.