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Archive
- 4/17/2025 -
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Raymond James Financial (RJF) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Raymond James Financial (RJF). During the week, the RJF dropped -1.84 points, or -1.36%, and closed at 133.46 on Thursday, April 17, 2025. Weekly volume was 29% above average.
RJF is a member of Financials Sector. Financials is the second 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 115.64 and resistance is at 185.87. 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 downtrend had started on January 29, 2025 at 174.30 and reached 117.60 on April 7, 2025. RJF lost 56.70 points, or 32.53%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 110.04 and resistance is at 137.21. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See RJF weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 15, 2025 at 138.15 and reached 131.24 on April 16, 2025. RJF lost 6.91 points, or 5.00%, in 1 days. The price is now at the 32.13% retracement level.
Daily Technical Indicators: [See RJF daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 10, 2025. The distance between MACD and the signal line is low, but getting bigger.
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