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Downtrend Broken Resist.Archive
- 1/10/2025 -
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Regions Financial Corp. (RF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Regions Financial Corp. (RF). During the week, the RF dropped -0.56 points, or -2.37%, and closed at 23.06 on Friday, January 10, 2025. Weekly volume was 9% above average.
RF is a member of Financials Sector. Financials 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 RF long-term trend chart]
A long-term downtrend had started on February 16, 2022 at 25.57 and reached 13.72 on October 25, 2023. RF lost 11.85 points, or 46.34%, in 88 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (9.70) is broken. A broken support is considered to be a long-term bullish signal. 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 RF medium-term trend chart]
A medium-term uptrend had started on October 25, 2023 at 13.72 and reached 27.96 on November 25, 2024. RF gained -14.24 points, or -103.79%, in 56 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 22.67 and resistance is at 25.14. 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 medium-term trend.
 Weekly Technical Indicators: [See RF weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 20, 2024. Use the following link to access a MACD help.
 Short-term trend: [See RF short-term trend chart]
A short-term downtrend had started on December 20, 2024 at 23.01 and reached 22.94 on January 10, 2025. RF lost 0.07 points, or 0.30%, in 21 days. The price is now at the 171.43% retracement level.
 Daily Technical Indicators: [See RF daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily Relative Strength Index, Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is below its signal line since January 8, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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