Rent A Center Stock Technical Analysis

RCIIDelisted Stock  USD 26.78  0.51  1.94%   
As of the 19th of April, Rent A holds the Risk Adjusted Performance of 0.0908, coefficient of variation of 743.61, and Semi Deviation of 1.89. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rent A, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Rent A Center, which can be compared to its competitors. Please check Rent A Center variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Rent A Center is priced some-what accurately, providing market reflects its current price of 26.78 per share. Given that Rent A has jensen alpha of 0.309, we recommend you to check out Rent A Center's recent market performance to make sure the company can sustain itself at a future point.

Rent A Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rent
  
Rent A's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Rent A technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Rent A technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rent A trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Rent A Center Technical Analysis

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Rent A Center Trend Analysis

Use this graph to draw trend lines for Rent A Center. You can use it to identify possible trend reversals for Rent A as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rent A price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rent A Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rent A Center applied against its price change over selected period. The best fit line has a slop of   0.10  , which means Rent A Center will continue generating value for investors. It has 122 observation points and a regression sum of squares at 404.27, which is the sum of squared deviations for the predicted Rent A price change compared to its average price change.

About Rent A Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rent A Center on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rent A Center based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rent A Center price pattern first instead of the macroeconomic environment surrounding Rent A Center. By analyzing Rent A's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rent A's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rent A specific price patterns or momentum indicators. Please read more on our technical analysis page.

Rent A April 19, 2024 Technical Indicators

Most technical analysis of Rent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rent from various momentum indicators to cycle indicators. When you analyze Rent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Rent Stock

If you are still planning to invest in Rent A Center check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rent A's history and understand the potential risks before investing.
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