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Archive - 6/6/2025 - Sign In to see current Signals. |
Raymond James Financial (RJF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Raymond James Financial (RJF). During the week, the RJF gave back -0.23 points, or -0.16%, and closed at 146.75 on Friday, June 6, 2025. Weekly volume was -6% below average. RJF is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See RJF long-term trend chart] A long-term uptrend had started on October 25, 2023 at 91.67 and reached 174.30 on January 29, 2025. RJF gained -82.63 points, or -90.14%, in 66 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 117.85 and resistance is at 193.02. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See RJF medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 117.60 and reached 154.77 on May 16, 2025. RJF gained -37.17 points, or -31.61%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 143.52 and resistance is at 151.56. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See RJF weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since February 7, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See RJF short-term trend chart] A short-term downtrend had started on May 16, 2025 at 154.77 and reached 142.18 on June 5, 2025. RJF lost 12.59 points, or 8.13%, in 20 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (142.08) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See RJF daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2025. This is an indication that the short-term trend is down. A Parabolic SAR (stop and reversal) indicator (147.73) comes close to the price (146.75). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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