RPM International (RPM) Technical Analysis

RPM International Inc (RPM) is a company that operates in the specialty chemical industry. The company provides a range of products and services for the construction, industrial, and consumer markets. As an investor, it is important to understand the technical aspects of RPM's stock in order to make informed investment decisions. Technical analysis is a method of evaluating securities based on statistical trends and patterns in the stock's price and volume data. By analyzing various technical indicators, investors can gain insight into the strength and direction of RPM's stock price movement.

One of the key technical indicators used in RPM's technical analysis is the Relative Strength Index (RSI). The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought and oversold levels. A reading above 70 indicates that the stock may be overbought, while a reading below 30 suggests that the stock may be oversold. By monitoring the RSI, investors can get an indication of when it may be a good time to buy or sell RPM's stock.