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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 2490498

Date Daily Closing Price Open High Low Volume
24 Fri May 2024 35.78 36.05 36.27 35.63 0.843 times
23 Thu May 2024 35.94 37.55 37.89 35.82 1.071 times
22 Wed May 2024 37.22 37.20 37.49 36.61 0.869 times
21 Tue May 2024 37.56 38.35 38.78 37.50 1.408 times
20 Mon May 2024 38.85 37.79 39.33 37.76 1.38 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.5 as stoploss in an intra day buy trade for a target of 36.57. However, stock will show a bearish move below 35.5.

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
Upside Target 37.61
Upside Target 37.93
Upside Target 37.94
Upside Target 38.25
Upside Target 39.33

Intraday share price targets for Range Resources (RRC)

Target Type Value
Downside Intraday Target 34.5
Downside Intraday Target 33.21
Upside Intraday Target 38.2
Upside Intraday Target 40.61
Upside Intraday Target 36.91

Weekly technical analysis of Range Resources (RRC)

Date Weekly Closing Price Open High Low Volume
24 Fri May 2024 35.78 37.79 39.33 35.63 1.258 times
17 Fri May 2024 37.78 35.72 37.94 35.25 0.88 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

Price has moved down 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
24 Fri May 2024 35.78 35.81 39.33 34.19 0.822 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 down 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 28, 31, 5 Sell
MACD 1, 1Sell
Stochastics 27Sell
CCI -88Sell
RSI 51Buy
OBV -4461722Sell
VWAP 37Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Range Resources ( (RRC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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.

Range Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Range Resources in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37 and Range Resources (RRC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

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