Technical Analysis for RRBI - Red River Bancshares, Inc.

Grade Last Price % Change Price Change
grade D 40.15 5.52% 2.10
RRBI closed up 5.52 percent on Friday, July 10, 2020, on approximately normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down
Historical RRBI trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Stochastic Buy Signal Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Inside Day Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish 5.52%
New Downtrend Bearish 5.52%
Multiple of Ten Bearish Other 5.52%

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Profile

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to businesses, professionals, individuals, and public entities in Louisiana. It provides consumer checking accounts, money market accounts, and time deposits; real estate loans, commercial loans, treasury management services; and private banking services, residential mortgage lending, and investment services. The company operates a network of 23 banking centers, as well as 1 loan production office in Covington, Louisiana. Red River Bancshares, Inc. was founded in 1998 and is headquartered in Alexandria, Louisiana.
Financial Services Banking Bank Texas Capital Bank Real Estate Loans Banking Products Investment Services Treasury Management Services Private Banking Services United Community Bank

Is RRBI 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 59.0
52 Week Low 29.9
Average Volume 22,754
200-Day Moving Average 45.34
50-Day Moving Average 40.31
20-Day Moving Average 41.89
10-Day Moving Average 41.48
Average True Range 2.36
ADX 24.24
+DI 16.80
-DI 16.98
Chandelier Exit (Long, 3 ATRs ) 42.16
Chandelier Exit (Short, 3 ATRs ) 43.56
Upper Bollinger Band 45.22
Lower Bollinger Band 38.56
Percent B (%b) 0.24
BandWidth 15.89
MACD Line -0.06
MACD Signal Line 0.46
MACD Histogram -0.5215
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.50
Resistance 3 (R3) 43.23 41.86 42.94
Resistance 2 (R2) 41.86 41.00 41.99 42.75
Resistance 1 (R1) 41.00 40.48 41.43 41.27 42.57
Pivot Point 39.63 39.63 39.84 39.76 39.63
Support 1 (S1) 38.77 38.77 39.20 39.04 37.73
Support 2 (S2) 37.40 38.25 37.53 37.55
Support 3 (S3) 36.54 37.40 37.36
Support 4 (S4) 36.81