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(RRC) Range Resources complete technical analysis [charts+indicators] | Buy/Sell Range Resources | (RRC) share price targets

Complete technical analysis of Range Resources (RRC) by charts plus indicators, forecast predictions and share price targets for Range Resources (RRC)

Range Resources trades in USA in Energy sector.

10 day averaged volume of Range Resources is 2242222

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 36.91 36.94 37.19 36.69 0.8 times
15 Wed May 2024 36.77 36.52 36.77 35.75 0.961 times
14 Tue May 2024 36.53 35.60 36.55 35.60 0.924 times
13 Mon May 2024 35.49 35.72 35.99 35.25 1.107 times
10 Fri May 2024 35.53 37.05 37.14 35.21 1.127 times

My analysis of stock is bullish for shortterm, and stock might move up till 37.4 or till 38.5. Use a stoploss of 36.45 and if this stock hits its stoploss, then it can fall down till 35.53

Share price targets for Range Resources (RRC)

Target Type Value
Downside Target 27.60
Downside Target 28.72
Downside Target 31.53
Downside Target 33.16
Downside Target 34.18
Downside Target 36.22
Upside Target 37.19
Upside Target 37.61
Upside Target 37.93
Upside Target 38.25

Intraday share price targets for Range Resources (RRC)

Target Type Value
Downside Intraday Target 35.71
Downside Intraday Target 34.51
Upside Intraday Target 37.65
Upside Intraday Target 38.39
Downside Intraday Target 36.45

Weekly technical analysis of Range Resources (RRC)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 36.91 35.72 37.19 35.25 0.678 times
10 Fri May 2024 35.53 36.12 37.93 35.21 1.234 times
03 Fri May 2024 35.71 37.37 37.61 34.19 0.576 times
26 Fri Apr 2024 37.31 35.25 38.25 34.98 1.938 times
19 Fri Apr 2024 35.27 36.17 36.22 34.19 0.934 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Range Resources (RRC)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 36.91 35.81 37.93 34.19 0.508 times
30 Tue Apr 2024 35.91 34.71 38.25 34.18 1.102 times
28 Thu Mar 2024 34.43 31.75 34.76 31.53 0.725 times
29 Thu Feb 2024 31.62 29.32 33.16 27.60 1.313 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Range Resources (RRC)

Indicator Name Indicator Value Indicator Signal
ADX 32, 28, 7 Buy
MACD 1, 1Sell
Stochastics 64None
CCI 49Buy
RSI 51Buy
OBV 10062420Sell
VWAP 37Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Range Resources ( (RRC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Range Resources ( (RRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Range Resources ( (RRC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Range Resources ( (RRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Range Resources stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Range Resources in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Range Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Range Resources in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Range Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.57 and Range Resources (RRC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Range Resources (RRC) stock. Volume based technical analysis of Range Resources (RRC) stock is negative.

Range Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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