RAIN ENHANCEMENT TECHNO-CL A (RAIN) Stock Technical Analysis
NASDAQ:RAIN - Nasdaq - US75080J1034 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to RAIN. In the last year, RAIN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
RAIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RAIN has a been trading in the 2.59 - 4.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, RAIN did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
RAIN has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.40
5.09
We found 2 important support areas.
- A support zone ranging from 2.62 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.41 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.14
Mansfield-2.94
10 Day High3.87
10 Day Low2.59
20 Day High4.24
20 Day Low2.59
52 Week High10.84
52 Week Low0.82
Performance
1 Week-14.84%
2 Weeks-25.84%
1 Month-36.23%
3 Month120%
6 Month221.17%
12 Month-66.33%
2 Year-55.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)37.89
LBB2.4
UBB4.04
NASDAQ:RAIN (2/21/2025, 8:00:01 PM)
2.64
-0.02 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.75%
1 Week-14.84%
2 Weeks-25.84%
1 Month-36.23%
3 Month120%
6 Month221.17%
12 Month-66.33%
2 Year-55.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%16.76%
ATR Inc49.37%
Range Today0.54
ADR(20)0.43
ADR(20)%16.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.14
Mansfield-2.94
10 Day High3.87
10 Day Low2.59
20 Day High4.24
20 Day Low2.59
52 Week High10.84
52 Week Low0.82
CS1 End2.63
CR1 Start5.04
Volume & EV
DER(3)-3.23%
DER(5)8.01%
Volume13.80K
Volume Incr-52.15%
Vol(5)15.00K
Vol(50)195.53K