Free Point and Figure charts Resolute Forest Products Inc. RFP share NYSE Stock Exchange

Stock RFP - Share Resolute Forest Products Inc. trades in NYSE under Basic Industries Deals in Paper

Daily Support: 21.81
Daily Resistance: 22.01
5 Day Moving Average is 21.91
20 Day Moving Average is 22.85

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Tue 28 Feb 2023	-0.36%	22.00	21.92	22.10	21.90	28.31 times
Mon 27 Feb 2023	-0.59%	22.30	22.00	22.47	21.98	4.66 times
Fri 24 Feb 2023	1.79%	22.52	22.13	22.62	22.05	3.73 times
Thu 23 Feb 2023	0%	21.79	21.74	21.79	21.69	0.4 times
Wed 22 Feb 2023	0.42%	21.65	21.74	21.79	21.64	0.36 times
Tue 21 Feb 2023	0%	21.62	21.65	21.67	21.62	0.4 times
Fri 17 Feb 2023	0%	21.85	21.65	21.85	21.63	0.52 times
Fri 17 Feb 2023	-0.46%	21.85	21.65	21.85	21.63	0.52 times
Thu 16 Feb 2023	-0.23%	21.68	21.75	21.80	21.67	0.62 times
Wed 15 Feb 2023	0.09%	21.71	21.80	21.91	21.65	0.53 times

Point & Figure Charts for Resolute Forest Products Inc. RFP

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Resolute Forest Products Inc. RFP and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Resolute Forest Products Inc. RFP stock.