Let's check out RF's charts and see if investors should make a deposit.
In the daily bar chart of RF, below, we can see that the shares made a low in July and a higher low in September before a new high was notched on Friday. The shares are trading above the rising 50-day moving average line and the rising 200-day line.
The On-Balance-Volume (OBV) line has been rising since the middle of September and is close to making its own new high. A rising OBV line happens when buyers of a stock are more aggressive with heavier trading volume being transacted on days when the stock closes higher. The Moving Average Convergence Divergence (MACD) oscillator is bullish.