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Archive - 8/8/2025 - Sign In to see current Signals. |
Raymond James Financial (RJF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Raymond James Financial (RJF). During the week, the RJF gained 1.89 points, or 1.16%, and closed at 164.92 on Friday, August 8, 2025. Weekly volume was -44% below average. RJF 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 RJF long-term trend chart] A long-term uptrend had started on October 25, 2023 at 91.67 and reached 174.30 on January 29, 2025. RJF gained -82.63 points, or -90.14%, in 66 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 123.20 and resistance is at 202.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See RJF medium-term trend chart] A medium-term downtrend had started on January 29, 2025 at 174.30 and reached 117.60 on April 7, 2025. RJF lost 56.70 points, or 32.53%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 168.56 and resistance is at 139.93. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See RJF weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 13, 2025. Use the following link to access a MACD help.
Short-term trend: [See RJF short-term trend chart] A short-term uptrend had started on June 5, 2025 at 142.18 and reached 170.88 on July 30, 2025. RJF gained -28.70 points, or -20.19%, in 55 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 161.52 and resistance is at 175.82. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See RJF daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
Candlestick pattern: [See RJF candlestick chart pattern] On Friday the chart has formed a Bullish Harami Candlestick pattern. A Bullish Harami indicates that the bearish trend may be reversing, it signals that it's a good time to enter into a long position. Use the Technical Stock Screener to see the list of stocks that had a Bullish Harami Candlestick pattern during the last week.
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