|
|
|
|
Human Resource & Employment Services Industry Stocks Technical Analysis - RHIArchive
- 4/26/2024 -
Sign In to see current Signals. |
Robert Half International (RHI) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Robert Half International (RHI). During the week, the RHI dropped -0.88 points, or -1.25%, and closed at 69.35 on Friday, April 26, 2024. Weekly volume was 64% above average.
RHI is a member of Industrials Sector. Industrials is the second most overbought sector. RHI is a member of Human Resource & Employment Services Industry. Human Resource & Employment Services is the fifth most oversold industry. 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 RHI long-term trend chart]
A long-term uptrend had started on May 31, 2023 at 64.65 and reached 88.39 on December 29, 2023. RHI gained -23.74 points, or -36.72%, in 30 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (77.36) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. RHI may retest the broken support line. It is considered to be a resistance line now. 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 support in a long-term trend.
 Medium-term trend: [See RHI medium-term trend chart]
A medium-term downtrend had started on December 29, 2023 at 88.39 and reached 66.90 on April 26, 2024. RHI lost 21.49 points, or 24.31%, in 17 weeks. The price is now at the 11.40% retracement level.
 Weekly Technical Indicators: [See RHI weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 weekly MACD line is below its signal line since February 2, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See RHI short-term trend chart]
A short-term downtrend had started on April 24, 2024 at 72.72 and reached 66.90 on April 26, 2024. RHI lost 5.82 points, or 8.00%, in 2 days. The price is now at the 42.10% retracement level.
 Daily Technical Indicators: [See RHI daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
The daily MACD line is below its signal line since April 25, 2024. 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.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
8 |
| Industry |
Human Resource & Employment Services |
5 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
72.72 |
| High Date |
04/24/2024 |
| Low |
66.90 |
| Low Date |
04/26/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
72.72 |
| High Date |
04/24/2024 |
| Low |
66.90 |
| Low Date |
04/26/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
88.39 |
| High Date |
12/29/2023 |
| Low |
66.90 |
| Low Date |
04/26/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
90.91 |
| Support |
77.36 |
| Low |
64.65 |
| Low Date |
05/31/2023 |
| High |
88.39 |
| High Date |
12/29/2023 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
125.77 |
| High Date |
02/09/2022 |
| Low |
64.65 |
| Low Date |
05/31/2023 |
|
|