RH - Restoration Hardware Holdings Inc

Industry: Home Furnishing Stores Sector: Services Exchange: NYSE

RH - Restoration Hardware Holdings Inc

Industry: Home Furnishing Stores Sector: Services Exchange: NYSE
#4629()/7615

Tue 18'th Sep 2018

PERIOD 2018-06-19 - 2018-09-18
CHANGE -1.34%
PRICE $135.11
VOLUME
Sell
TREND
Hold

MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

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Restoration Hardware Holdings Inc Stock Analysis

Technical stock analysis for Tue 18'th Sep 2018

Sell candidate since 2018-09-17 Loss -1.34%
Shorts 10.44% ( 2018-08-31 )
Cash 43.8 mill
Loans 1 283.1 mill
Beta 2.13
ROA 5.81

Restoration Hardware Holdings Inc fell by -1.34% in the last day from $136.94 to $135.11 The price has fallen in 6 of the last 10 days and is down by -10.69% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -662 370 shares and in total 976 590 shares bought and sold for approximately $131.95 million.

Trend

Given the current horizontal trend you can expect Restoration Hardware Holdings Inc with 90% probability to be traded between $124.22 and $159.28 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Some negative signals were issued as well, and these may have some influence on the near short-term development. Restoration Hardware Holdings Inc holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $143.38. On a fall, the stock will find some support from the short-term average at $132.14. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Monday September 17, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 28 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Restoration Hardware Holdings Inc finds support from accumulated volume at $131.51.

Support: $131.51 Price: $135.11 Resistance: $135.28

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $3.81 between high and low, or 2.86%. For the last week, the stock has had a daily average volatility of 4.97%.

Restoration Hardware Holdings Inc is oversold on RSI14 (28). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

Restoration Hardware Holdings Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Sell Candidate

Click for Top 5 Sell Candidates
RH $135.11 $-1.83(-1.34%)
RH is down $1.83 today, but where's it headed in October?
Zacks Investment Research is releasing its prediction for RH based on the 1-3 month system that more than doubles the S&P 500.

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