Technical Analysis for RHT - Red Hat, Inc.

Grade Last Price % Change Price Change
grade A 185.66 0.08% 0.15
RHT closed up 0.08 percent on Monday, May 20, 2019, on 2.31 times normal volume. 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 Flat
See historical RHT trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 59.12%
New 52 Week Low Weakness 59.12%
Stochastic Reached Oversold Weakness 59.12%
Oversold Stochastic Weakness 59.12%
Multiple of Ten Bullish Other 54.05%
Inside Day Range Contraction 54.05%
New 52 Week Closing Low Bearish 58.86%
180 Bearish Setup Bearish Swing Setup 58.86%
Multiple of Ten Bearish Other 58.86%
Multiple of Ten Bullish Other 51.77%

Older signals for RHT ...

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Profile
Red Hat, Inc. provides open source software solutions primarily to enterprise customers worldwide. The company develops and offers operating system, middleware, virtualization, storage, and cloud technologies. Its products include Red Hat Enterprise Linux, an operating system designed for enterprise computing; Red Hat JBoss Middleware that offers a range of middleware offerings for developing, deploying, and managing applications that are accessible via the Internet, enterprise Intranets, extranets, clouds, and virtual private networks; and Red Hat Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments. The company also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in public, or hybrid clouds, as well as aggregates disk and memory resources into a unified storage capability. In addition, it provides various cloud, storage, and systems management offerings, as well as offers training, consulting, and support services; and other technologies, such as for software development, high-performance distributed computing, directory services, and user authentication. The company sells its enterprise technologies through annual or multi-year subscriptions. Red Hat, Inc. has strategic alliances with Advanced Micro Devices, Inc.; Intel Corporation; Amazon.com, Inc.; Fujitsu Limited; International Business Machines Corporation; and Rackspace Hosting, Inc. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.
Computing Digital Technology Cloud Computing Cloud Infrastructure Operating System Software Development Linux Cross Platform Software Middleware Enterprise Computing Virtual Private Networks
Is RHT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 186.06
52 Week Low 115.31
Average Volume 1,217,857
200-Day Moving Average 165.9096
50-Day Moving Average 182.8934
20-Day Moving Average 183.76
10-Day Moving Average 184.898
Average True Range 0.6695
ADX 33.85
+DI 33.3824
-DI 10.8618
Chandelier Exit (Long, 3 ATRs ) 184.0515
Chandelier Exit (Short, 3 ATRs ) 183.5785
Upper Bollinger Band 186.2979
Lower Bollinger Band 181.2221
Percent B (%b) 0.87
BandWidth 2.76219
MACD Line 0.8412
MACD Signal Line 0.6522
MACD Histogram 0.189
Fundamentals Value
Market Cap 32.85 Billion
Num Shares 177 Million
EPS 1.67
Price-to-Earnings (P/E) Ratio 111.17
Price-to-Sales 8.05
Price-to-Book 15.20
PEG Ratio 2.47
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 187.25
Resistance 3 (R3) 187.21 186.63 186.99
Resistance 2 (R2) 186.63 186.23 186.66 186.90
Resistance 1 (R1) 186.15 185.98 186.39 186.19 186.81
Pivot Point 185.57 185.57 185.70 185.60 185.57
Support 1 (S1) 185.09 185.17 185.33 185.13 184.51
Support 2 (S2) 184.51 184.92 184.54 184.42
Support 3 (S3) 184.03 184.51 184.34
Support 4 (S4) 184.07