RSA.L breaks below 100-day moving average

RSA Insurance Group (RSA.L) Technical Analysis Report for Jul 13, 2018 [< 1 min read]
RSA.L breaks below 100-day moving average
RSA.L ends the day on a bearish note closing near the low of the day
RSA.L runs into sellers again around 654.00
RSA.L breaks below previous session low
TQ Sentiment
Report Sentiment: 80% Bearish
Technical Forecast:

RSA.L ended the week -0.37% lower at 646.60 after losing £2.40 (-0.37%) today on high volume. Closing below Thursday's low at 647.20, the stock confirms its breakout through the prior session's low having traded £2.20 below it intraday. Ending with a weak close near the low of the day sets a bearish note for the next session.

Daily chart for RSA.L

Friday's trading range was £9.00 (1.38%), that's slightly below last trading month's daily average range of £9.94. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly below average.


After having been unable to move above 654.00 in the previous session, the share ran into sellers again around the same price level today, failing to move higher than 654.00.


Although still in a long-term uptrend, the short and medium-term trends both turned bearish already. RSA Insurance broke below the 100-day moving average at 647.69 today for the first time since July 11th.

Order Flow

Selling might speed up should prices move below the close-by swing low at 641.80 where further sell stops could get activated. Trading close to May's low at 634.00 we might see further downside momentum if potential sell stops at the level get triggered.


While classical technical analysis indicates a bearish sentiment for the next trading day, our quantitative statistics show a different picture being slightly bullish.

Market Conditions for RSA Insurance Group
Close near high of period TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
Bullish Bounce off SMA 200 TQ Pro Members Only
Hammer TQ Pro Members Only
Close to Swing High TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Latest Report:

RSA.L finds buyers at key support level

Jul 20, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when RSA Insurance Group traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

ETHUSD 462.3514.38 3.21%
BTCUSD 7,414.9082.64 1.13%
GBPUSD 1.31350.0120 0.92%
GOLD 1,231.99.4 0.77%
HSI 28,224.48213.62 0.76%
INDU 25,058.12-6.38 -0.03%
NDX 7,350.23-2.13 -0.03%
FTSE 7,678.79-5.21 -0.07%
NATGAS 2.733-0.002 -0.07%
SPX 2,801.83-2.66 -0.09%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV88.91 -1.04
ACN 10 day candlestick chart for ACN166.52 -0.37
ADBE 10 day candlestick chart for ADBE257.54 -0.14
AAP 10 day candlestick chart for AAP142.67 -0.70
AES 10 day candlestick chart for AES13.03 0.00
AET 10 day candlestick chart for AET187.22 -2.82
AFL 10 day candlestick chart for AFL43.06 0.17
AMG 10 day candlestick chart for AMG148.84 -0.47
A 10 day candlestick chart for A63.85 -0.30
ABT 10 day candlestick chart for ABT63.32 -0.46