RealPage, Inc. (RP) Bollinger Band Near-Term Signal Hits Hold Rating

Investors have taken notice of RealPage, Inc. (RP) shares. They may be keeping a close watch on certain stock levels. A popular indicator among technical analysts that can help to measure the strength of market momentum is the Average Directional Index or ADX.

Strong Momentum?

At the time of writing, the 14-day ADX for RealPage, Inc. (RP) is standing at 17.46. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal while one greater than 25 would indicate a strong trend.

Relative Strength Spotlight

When looking at technical levels, traders should not overlook the RSI reading as it often can dictate if momentum has pushed past a key metric. 63.27, the 7-day stands at 66.64, and the 3-day is sitting at 82.31.

The Relative Strength Index (RSI) oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

Looking further at additional technical indicators we take note that 14-day Commodity Channel Index (CCI) is sitting at 130.27.

CCI Quick Facts

  • Used to Identify start of a trend
  • Used to Identify end of a trend
  • Alternative metric for spotting oversold/overbought territory

    Relative Strength Spotlight

    When looking at technical levels, traders should not overlook the RSI reading as it often can dictate if momentum has pushed past a key metric. The current 7-day RSI stands at 66.64, and the 3-day is sitting at 82.31.

    The Relative Strength Index (RSI) oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

    Looking further at additional technical indicators we take note that 14-day Commodity Channel Index (CCI) for RealPage, Inc. (RP) is sitting at 130.27.

    CCI Quick Facts

    • Used to Identify start of a trend
    • Used to Identify end of a trend
    • Alternative metric for spotting oversold/overbought territory
    • Designed by Donald Lambert

    Reading levels close to +100 point to potential overbought range while a reading close to -100 would indicate possible oversold territory.

    Near Term M/A Update

  • Designed by Donald Lambert

Reading levels close to +100 point to potential overbought range while a reading close to -100 would indicate possible oversold territory.

Near Term M/A Update

Shares of RealPage, Inc. (RP) have a 7-day moving average of 58.99. Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends.

RealPage, Inc. (RP)’sTrendspotter Opinion rating has reached “Buy” with first resistance at 60.38 and second resistance at 60.82.  On the other end, investors are watching the first support level of 59.13, and the second support level of 58.32. The trendspotter strength signal is currently Weak. This signal is compared to the historical performance where maximum would be considered the strongest, and minimum would be touted as the weakest. In terms of direction, the trendspotter signal is currently Weakening. This signal may indicate if the Buy or Sell is weakening or gaining strength, or if the Hold is leaning towards a Buy or Sell.

Lastly will look at the Bollinger Band signal, specifically the 20 day signal reading.  This indicator can be used to identify short-term overbought and oversold zones, to confirm divergences between prices and indicators and to predict future price targets.  The 20-Day Bollinger Band currently is signaling a “Hold” for RealPage, Inc. (RP).  Bollinger Bands are among the most popular and powerful of the many indicators that traders can choose from.  As the name implies, Bollinger Bands are price channels that are plotted above and below price. 

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