Wednesday May 22, 2019 Change -2.42% Price $23.43
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will RCII stock price go up or down on Thu, 23 May 2019?

Predict

Rent-A-Center Inc. Forecast and Stock Analysis

Technical RCII stock analysis for Wednesday May 22, 2019.

Buy candidate since 2019-05-22
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.26
ROA 2.42%
Price to book USD 4.41
P/E Ratio 35.19
Next Earnings Date 2019-07-23


Rent-A-Center Inc. fell by -2.42% in the last day ( Wednesday, 22nd May 2019 ) from $24.01 to $23.43 During day the stock fluctuated 2.97% from a day low at $23.39 to a day high of $24.08. The price has fallen in 5 of the last 10 days and is down by -10.74% for this period. Volume has increased in the last day by 107 520 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 552 960 shares bought and sold for approximately $12.96 million.

Quick summary:

  • 30 day high of the RCII stock price was $26.75 and low was $22.40.
  • 90 day high was $26.75 and low was $17.47.
  • 52 week high for the Rent-A-Center Inc. - $26.75 and low - $9.26.

Trend

Rent-A-Center Inc. has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $23.44. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday May 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Rent-A-Center Inc. holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $24.10. On a fall, the stock will find some support from the long-term average at approximately $23.23. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.

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Relative Strength Index (RSI)

RSI14 is 41 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $21.30 and $20.73.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Rent-A-Center Inc. finds support just below today's level at $21.30. If this is broken, then the next support from accumulated volume will be at $20.73 and $19.69.

Support: $21.30 Price: $23.43 Resistance: $23.93

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.69 (2.97%) between high and low. For the last week, the stock has had a daily average volatility of 2.42%.

Our recommended stoploss: $22.32 (-4.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 4 days ago.)

2.42 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today RCII ranks #1294 as BUY CANDIDATE #1294 Stronger Buy
RCII $23.43 ($-0.58 -2.42%)
RCII is down $0.58 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for RCII based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will RCII stock price go up or down
on Thu, 23 May 2019?

Predict

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