Home / Royal Mail / Why Royal Mail Plc ($RMG) Is Doing What It’s Doing (2019-11-06) – Market Reflex

Why Royal Mail Plc ($RMG) Is Doing What It’s Doing (2019-11-06) – Market Reflex

REPORTING FOR 2019-11-06 | MARKETREFLEX.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 219.9, reaching a high of 221.0 and a low of 216.8 before closing at a price of 220.0. There was a total volume of 1956187.

VOLUME INDICATORS: We saw an accumulation-distribution index of 1945.29174, an on-balance volume of 218.0, chaikin money flow of 6.63636 and a force index of 21.35. There was an ease of movement rating of -0.00301, a volume-price trend of 9.1213 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 3.99718, bolinger bands of 218.33137, an upper bollinger band of 216.06863, lower bollinger band of 216.8, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 219.23333, high band keltner channel of 218.13333, low band keltner channel of 220.33333, 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 216.8, a donchian channel low band of 216.8, 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 0.01795, a MACD signal of 0.00997, a MACD difference of 0.00798, a fast Exponential Moving Average (EMA) indicator of 216.8, a slow Exponential Moving Average (EMA) indicator of 216.8, 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 0.21267, a trix of 3.37407, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -8.66435, a KST Oscillator (KST) of 41.62838 and a KST Oscillator (KST Signal) of 41.62838 (leaving a KST difference of 0.96091). We also found an Ichimoku rating of 220.45, an Ichimoku B rating of 220.45, a Ichimoku visual trend A of 214.04093, an Ichimoku visual trend B of 213.56725, 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 73.6492, a stochastic oscillator of 381.81818, a stochastic oscillator signal of 381.81818, a Williams %R rating of 281.81818 and an awesome oscillator of -0.78345. What do these momentum indicators mean for RMG? Click here for an explanation.

RETURNS: There was a daily return of 4.16284, a daily log return of 0.36832 and a cumulative return of 0.369.

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 2019-11-06 (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.

Julia Owens

My name is Julia, I am an MBA graduate from Seton Hall University and currently work as a CPA. I am the founder of MarketReflex.com and am responsible for writing the majority of news published here and for all editorial decisions.

Mailing address: 937 Lee Avenue, Camden NJ 08102
Ph: 856-379-0813
Email: [email protected]

Julia Owens

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