EN
Takip Edin: @UscMarketsRRX Stock Forecast & Regal Rexnord Corporation Chart Analysis
This article provides a detailed analysis of RRX-Regal Rexnord Corporation stock including a forecast for RRX shares. It features Regal Rexnord Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
RRX Historical Data Review
RRX Current Price Performance Analysis
The Regal Rexnord Corporation - RRX stock traded on the American stock market, on 06-05-2024, closed at 142.71$ with a %1.84 increased compared to the previous day.
In the last month, the price of RRX changed by %-15.48 decreased in value, from 168.85 dollars on 05-06-2024 to 142.71 dollars, decreased.
Last year, the price of RRX was 144.04 dollars on 06-06-2023, and changed by %-0.92 decreased in value, to 142.71 dollars decreased within a year.
The price of Regal Rexnord Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
RRX with AI Stock Forecast & Price Target
On the RRX chart Regal Rexnord Corporation price was recorded as 142.71 Dollars on 06/05/2024.
The artificial intelligence's forecast on RRX stock is as follows.
The artificial intelligence's prediction error margin for RRX stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Regal Rexnord Corporation stock over the next 4 months is: 192.2 Dollars.
The commentary on RRX stock Target Price: Highest: 216.788 Dollars is predicted.
The commentary on RRX stock Target Price: Lowest: 155.536 Dollars is predicted.
Resistance Price where Regal Rexnord Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 186.941 |
| 12-02-2024 | 216.788 |
| 01-01-2025 | 209.151 |
| 01-21-2025 | 212.771 |
Support Price where Regal Rexnord Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 178.935 |
| 12-27-2024 | 209.011 |
| 01-06-2025 | 208.889 |
| 04-11-2025 | 170.787 |
The commentary on RRX stock: Fluctuations in the target price can be expected in the coming days.
The target price for Regal Rexnord Corporation stock by the end of 2024 is predicted to be 209.011 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on RRX stock, and the 2024 target price predictions for Regal Rexnord Corporation are detailed above.
The technical analysis and charts for the commentary on RRX stock are below.
RRX Support & Resistance and Trend Analysis
RRX stock you have reviewed the technical analysis support resistance charts regarding.
RRX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the RRX review, the Regal Rexnord Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Regal Rexnord Corporation Support and Resistance Prices:
| RRX Support Level Price | RRX Resistance Level Price |
|---|---|
| 97.18 | 124.82 |
| 113.79 | 142.15 |
| 131.07 | 153.06 |
| 133.32 | 153.80 |
| 146.75 | 155.73 |
| 152.00 | 167.57 |
| 155.34 | 168.74 |
| 165.94 | 169.03 |
| 176.15 | |
| 183.85 |
RRX Technical Analysis: SMA, RSI, MACD
Upon reviewing the RRX chart, buy and sell signals have been generated in the Regal Rexnord Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for RRX stock are as follows:- RRX technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Regal Rexnord Corporation gave a 'Buy' signal when the RSI was at 26.519, with the current RSI value at 22.056.
- The technical analysis for Regal Rexnord Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Regal Rexnord Corporation stock: Click here to read more predictions on Mediobanca Banca di stock.
Click here for price target predictions and technical analysis charts of other American stocks