Technical Analysis for RBA - Ritchie Bros. Auctioneers Incorporated

Grade Last Price % Change Price Change
grade A 55.71 13.88% 6.79
RBA closed up 13.88 percent on Friday, August 7, 2020, on 3.52 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical RBA trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%

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Profile

Ritchie Bros. Auctioneers Incorporated operates as an auctioneer of industrial equipment. The company, through unreserved public auctions, sells a range of used and unused industrial assets, including equipment, trucks, and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries. It also provides Internet bidding services, which facilitate customers access to live and online auction participation. The company primarily serves buyers and sellers of equipment, trucks, and other industrial assets; truck and equipment dealers; rental companies; and brokers. As of December 31, 2011, it operated approximately 110 locations in approximately 25 countries, including 43 auction sites worldwide. The company was founded in 1958 and is headquartered in Burnaby, Canada.
Transportation Mining Marketing Equipment Microeconomics Industrial Equipment Auctions Auction Theory Game Theory Auction Online Auction

Is RBA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 55.88
52 Week Low 25.92
Average Volume 477,719
200-Day Moving Average 41.38
50-Day Moving Average 42.80
20-Day Moving Average 45.17
10-Day Moving Average 47.40
Average True Range 1.41
ADX 41.48
+DI 63.23
-DI 5.31
Chandelier Exit (Long, 3 ATRs ) 51.64
Chandelier Exit (Short, 3 ATRs ) 44.71
Upper Bollinger Band 51.60
Lower Bollinger Band 38.74
Percent B (%b) 1.32
BandWidth 28.46
MACD Line 2.35
MACD Signal Line 1.49
MACD Histogram 0.8583
Fundamentals Value
Market Cap 5.97 Billion
Num Shares 107 Million
EPS 0.46
Price-to-Earnings (P/E) Ratio 121.11
Price-to-Sales 5.36
Price-to-Book 4.27
PEG Ratio 2.99
Dividend 0.68
Dividend Yield 1.22%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 65.79
Resistance 3 (R3) 64.73 60.30 64.11
Resistance 2 (R2) 60.30 57.74 60.84 63.55
Resistance 1 (R1) 58.01 56.15 59.16 59.07 62.99
Pivot Point 53.58 53.58 54.16 54.12 53.58
Support 1 (S1) 51.29 51.02 52.44 52.35 48.43
Support 2 (S2) 46.86 49.43 47.40 47.87
Support 3 (S3) 44.57 46.86 47.31
Support 4 (S4) 45.63