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Environmental & Facilities Services Industry Stocks Technical Analysis - RSGArchive - 11/15/2024 - Sign In to see current Signals. |
Republic Services Inc. (RSG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Republic Services Inc. (RSG). During the week, the RSG dropped -3.80 points, or -1.80%, and closed at 207.80 on Friday, November 15, 2024. Weekly volume was -18% below average. RSG is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See RSG long-term trend chart] A long-term uptrend had started on March 10, 2009 at 15.05 and reached 216.20 on November 13, 2024. RSG gained -201.15 points, or -1336.54%, in 818 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (83.48) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See RSG medium-term trend chart] A medium-term uptrend had started on August 9, 2011 at 24.72 and reached 216.20 on November 13, 2024. RSG gained -191.48 points, or -774.60%, in 692 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (87.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See RSG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 13, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See RSG short-term trend chart] A short-term uptrend had started on October 3, 2023 at 140.23 and reached 216.20 on November 13, 2024. RSG gained -75.97 points, or -54.18%, in 407 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 202.30 and resistance is at 216.50. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend. Daily Technical Indicators: [See RSG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since November 5, 2024. This is an indication that the short-term trend is up. A Parabolic SAR (stop and reversal) indicator (206.44) comes close to the price (207.80). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
10 |
Industry |
Environmental & Facilities Services |
70 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Low |
197.60 |
Low Date |
10/31/2024 |
High |
216.20 |
High Date |
11/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Valid |
Resistance |
216.50 |
Support |
202.30 |
Low |
140.23 |
Low Date |
10/03/2023 |
High |
216.20 |
High Date |
11/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
222.65 |
Support |
200.76 |
Low |
120.58 |
Low Date |
01/20/2023 |
High |
216.20 |
High Date |
11/13/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Broken Resistance |
Resistance |
144.23 |
Support |
87.55 |
Low |
24.72 |
Low Date |
08/09/2011 |
High |
216.20 |
High Date |
11/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Broken Resistance |
Resistance |
132.99 |
Support |
83.48 |
Low |
15.05 |
Low Date |
03/10/2009 |
High |
216.20 |
High Date |
11/13/2024 |
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