Technical Analysis for RMC - Resimac Group Limited

Grade Last Price % Change Price Change
D 0.870 -2.25% -0.020
RMC closed down 2.25 percent on Friday, November 1, 2024, on 10 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Nov 13
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Weak + Overbought Other 0.00%
Overbought Stochastic Strength 0.00%
20 DMA Support Bullish -2.25%
50 DMA Support Bullish -2.25%
Calm After Storm Range Contraction -2.25%
Overbought Stochastic Strength -2.25%
Gapped Down Weakness -2.25%

   Recent Intraday Alerts

Alert Time
Down 1 ATR 1 day ago
Down 3% 1 day ago
Down 2% 1 day ago
Down 1% 1 day ago
Fell Below 50 DMA 1 day ago

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Profile

Resimac Group Limited Description

Resimac Group Limited, a non-bank financial institution, provides residential mortgage solutions in Australia and New Zealand. The company operates through Australian Lending Business and New Zealand Lending Business segments. It offers prime and specialist lending products; and home loans. The company also provides mortgage originator, trustee, lender, manager, and broker services; and LMI captive insurer and record lending services. In addition, it act as a trust manager and servicer, and special purpose vehicle; and acts as an issuer of residential mortgage backed securities (RMBS). Further, the company offers warehouse mortgages; and financial management services. Resimac Group Ltd provides its products and services through brokers and white-label partners, as well as direct-to-customer consumer channel primarily under the Resimac and State Custodians brands. The company was formerly known as Homeloans Limited and changed its name to Resimac Group Resimac Group Limited in December 2018. Resimac Group Limited was founded in 1985 and is based in Sydney, Australia. Resimac Group Limited operates as a subsidiary of Somers Limited.


Classification

Sector: Financial Services
Industry: Specialty Finance
Keywords: Financial Markets Loans Mortgage Backed Security Structured Finance Mortgage Loan Non Bank Financial Institution Residential Mortgage Backed Security

Is RMC 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 1.1479
52 Week Low 0.7553
Average Volume 75,236
200-Day Moving Average 0.921
50-Day Moving Average 0.880
20-Day Moving Average 0.875
10-Day Moving Average 0.877
Average True Range 0.023
RSI (14) 47.37
ADX 19.67
+DI 12.577
-DI 22.202
Chandelier Exit (Long, 3 ATRs) 0.831
Chandelier Exit (Short, 3 ATRs) 0.899
Upper Bollinger Bands 0.900
Lower Bollinger Band 0.851
Percent B (%b) 0.39
BandWidth 5.621
MACD Line 0.002
MACD Signal Line 0.001
MACD Histogram 0.0012
Fundamentals Value
Market Cap 355.05 Million
Num Shares 408 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 4.48
Price-to-Sales 2.06
Price-to-Book 3.32
Dividend 0.04
Dividend Yield 4.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.915
Resistance 3 (R3) 0.917 0.903 0.908
Resistance 2 (R2) 0.903 0.892 0.903 0.905
Resistance 1 (R1) 0.887 0.885 0.880 0.885 0.902
Pivot Point 0.873 0.873 0.870 0.873 0.873
Support 1 (S1) 0.857 0.862 0.850 0.855 0.838
Support 2 (S2) 0.843 0.855 0.843 0.835
Support 3 (S3) 0.827 0.843 0.833
Support 4 (S4) 0.825