Technical Analysis for RRC - Range Resources Corporation

Grade Last Price % Change Price Change
A 20.38 2.83% 0.56
RRC closed up 2.83 percent on Friday, September 24, 2021, on approximately 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 EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Wide Bands Range Expansion 2.83%
1,2,3 Pullback Bullish Bullish Swing Setup 8.29%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 8.29%
Older End-of-Day Signals for RRC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 19 hours ago
New 52 Week High about 20 hours ago
Up 3% about 20 hours ago
Rose Above Previous Day's High about 20 hours ago
Down 1% about 20 hours ago
View Earlier Intraday Alerts

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Profile

Range Resources Corporation Description

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. It engages in the acquisition, exploration, and development of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Southwestern regions of the United States. Range Resources Corporation owns 4,637 net producing wells; and approximately 1.6 million gross acres under lease in the Appalachian region. It also owns 1,536 net producing wells; and approximately 811,000 gross acres under lease in Southwestern region. In addition, the company owns gas gathering and transportation pipelines. It sells natural gas to utilities, marketing companies, mid stream companies, and industrial users; and natural gas liquids to natural gas processors or users of NGLs. As of December 31, 2012, it had proved reserves of 6.5 Tcfe. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Natural Gas Liquids S&P/Tsx 60 Index Natural Gas Processing Gas Gathering Natural Gas In The United States Gas And Oil Transportation Pipelines Western Region Encana Natural Gas Processors Gas And Oil Properties Gas Processors

Is RRC 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 20.65
52 Week Low 5.93
Average Volume 4,707,265
200-Day Moving Average 12.22
50-Day Moving Average 15.72
20-Day Moving Average 17.70
10-Day Moving Average 19.17
Average True Range 0.97
ADX 44.11
+DI 36.54
-DI 10.50
Chandelier Exit (Long, 3 ATRs) 17.74
Chandelier Exit (Short, 3 ATRs) 15.66
Upper Bollinger Bands 21.15
Lower Bollinger Band 14.25
Percent B (%b) 0.89
BandWidth 39.03
MACD Line 1.27
MACD Signal Line 1.10
MACD Histogram 0.167
Fundamentals Value
Market Cap 5.22 Billion
Num Shares 256 Million
EPS -6.48
Price-to-Earnings (P/E) Ratio -3.15
Price-to-Sales 1.02
Price-to-Book 1.20
PEG Ratio 1.90
Dividend 0.08
Dividend Yield 0.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.11
Resistance 3 (R3) 22.00 21.33 21.82
Resistance 2 (R2) 21.33 20.89 21.38 21.72
Resistance 1 (R1) 20.85 20.62 21.09 20.96 21.63
Pivot Point 20.18 20.18 20.30 20.23 20.18
Support 1 (S1) 19.70 19.74 19.94 19.81 19.13
Support 2 (S2) 19.03 19.47 19.08 19.04
Support 3 (S3) 18.55 19.03 18.94
Support 4 (S4) 18.66