Our Thoughts on Royal Mail Plc ($RMG) (2019-09-12) – The Bunsen Burner

REPORTING FOR 2019-09-12 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how RMG has been trading over the last 2 weeks and the past day especially. On its latest session, Royal Mail Plc ($RMG) opened at 230.6, reaching a high of 233.064 and a low of 228.9 before closing at a price of 229.0. There was a total volume of 5336814.

VOLUME INDICATORS: We saw an accumulation-distribution index of 785.80725, an on-balance volume of -229.2, chaikin money flow of 2.37987 and a force index of 45.56. There was an ease of movement rating of 0.18097, a volume-price trend of 18.36309 and a negative volume index of 1000.0. What do these volume indicators mean for RMG? Click here for an explanation.

VOLATILITY: We noted an average true range of 4.68771, bolinger bands of 234.9201, an upper bollinger band of 216.2949, lower bollinger band of 228.9, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 230.85467, high band keltner channel of 228.39067, low band keltner channel of 233.31867, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 228.9, a donchian channel low band of 228.9, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for RMG? Click here for an explanation.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.14774, a MACD signal of -0.08208, a MACD difference of -0.06566, a fast Exponential Moving Average (EMA) indicator of 228.9, a slow Exponential Moving Average (EMA) indicator of 228.9, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 2.89319, a trix of 9.21555, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -16.52755, a KST Oscillator (KST) of 77.82342 and a KST Oscillator (KST Signal) of 77.82342 (leaving a KST difference of -7.75171). We also found an Ichimoku rating of 231.832, an Ichimoku B rating of 231.832, a Ichimoku visual trend A of 216.47158, an Ichimoku visual trend B of 215.59085, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for RMG? Click here for an explanation.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 90.67346, a stochastic oscillator of 168.99351, a stochastic oscillator signal of 168.99351, a Williams %R rating of 68.99351 and an awesome oscillator of -1.54443. What do these momentum indicators mean for RMG? Click here for an explanation.

RETURNS: There was a daily return of 7.78234, a daily log return of -2.91899 and a cumulative return of -2.8768.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Royal Mail Plc ($RMG)…

For a more complete analysis, run all of this through the BTMA software.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Royal Mail Plc ($RMG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.