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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RSG
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Republic Services Inc stock upgraded to Buy Candidate.
(Updated on Jun 18, 2024)

Buy or Hold candidate since Jun 13, 2024 Gain 2.36% PDF

The Republic Services Inc stock price gained 0.0835% on the last trading day (Tuesday, 18th Jun 2024), rising from $191.69 to $191.85. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.83% from a day low at $190.71 to a day high of $192.30. The price has risen in 7 of the last 10 days and is up by 2.4% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 128 thousand more shares were traded than the day before. In total, 705 thousand shares were bought and sold for approximately $135.32 million.

Given the current horizontal trend, you can expect Republic Services Inc stock with a 90% probability to be traded between $177.99 and $188.77 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RSG Signals & Forecast

Mostly positive signals in the chart today. The Republic Services Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $188.75 and $187.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 5.65%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Thursday, June 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 08, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, June 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 08, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, June 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 08, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Republic Services Inc stock

Republic Services Inc finds support from accumulated volume at $189.69 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.59 between high and low, or 0.83%. For the last week the stock has had daily average volatility of 1.44%.

The Republic Services Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $185.37 (-3.38%) (This stock has low daily movements and this gives low risk. The RSI14 is 85 and this increases the risk substantially. There is a buy signal from a pivot bottom found 37 days ago.)

Trading Expectations (RSG) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Republic Services Inc to open at $191.62, and during the day (based on 14 day Average True Range), to move between $189.40 and $194.30, which gives a possible trading interval of +/-$2.45 (+/-1.28%) up or down from last closing price. If Republic Services Inc takes out the full calculated possible swing range there will be an estimated 2.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $191.92 (0.04%) than the support at $189.69 (1.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Republic Services Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Republic Services Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.879 Buy Candidate Upgraded

Predicted Opening Price for Republic Services Inc of Thursday, June 20, 2024

Fair opening price June 20, 2024 Current price
$191.62 ( 0.120%) $191.85

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RSG

Fibonacci Support & Resistance Levels

Level Price
R3 193.21 0.709%
R2 192.60 0.392%
R1 192.23 0.197%
Price 191.85
S1 191.01 -0.436%
S2 190.64 -0.632%
S3 190.03 -0.95%

Accumulated Volume Support & Resistance Levels

Level Price
R3 193.56 0.89%
R2 191.99 0.0730%
R1 191.92 0.0365%
Price 191.85
S1 189.69 -1.13%
S2 186.44 -2.82%
S3 186.00 -3.05%

RSG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 24, 2024 Jul 02, 2024 Jul 15, 2024 $0.535 0.279%
2 Feb 06, 2024 Apr 01, 2024 Apr 15, 2024 $0.535 0.286%
3 Oct 25, 2023 Dec 29, 2023 Jan 16, 2024 $0.540 0.326%
4 Jul 27, 2023 Sep 29, 2023 Oct 13, 2023 $0.535 0.363%
5 Apr 19, 2023 Jun 30, 2023 Jul 14, 2023 $0.495 0.330%

FAQ

What is the symbol for Republic Services Inc Stock and on which exchange is it traded?
The symbol for Republic Services Inc is RSG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Republic Services Inc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Republic Services Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Republic Services Inc Stock?
Republic Services Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Republic Services Inc Stock.

What's the current price of Republic Services Inc Stock?
As of the end of day on the Jun 18, 2024, the price of an Republic Services Inc (RSG) share was $191.85.

What is the 52-week high and low for Republic Services Inc Stock?
The 52-week high for Republic Services Inc Stock is $196.76 and the 52-week low is $140.23.

What is the market capitalization of Republic Services Inc Stock?
As of the Jun 18, 2024, the market capitalization of Republic Services Inc is 60.42B.

When is the next earnings date for Republic Services Inc?
The upcoming earnings date for Republic Services Inc is Jul 29, 2024.
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About Republic Services Inc

Republic Services Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and wast... RSG Profile

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