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. RAIN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
93% of all other stocks performed better in the past year than RAIN.
RAIN is part of the Machinery industry. There are 128 other stocks in this industry, of which 84% are performing better than RAIN.
RAIN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: RAIN has an average volume of 25024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RAIN has a been trading in the 1.83 - 3.28 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.06
4.06
2 important support areas can be observed.
- A support zone ranging from 2.61 to 2.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.96 to 2.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.02 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
CRS7.89
Mansfield5.51
10 Day High3.28
10 Day Low2.32
20 Day High3.28
20 Day Low1.83
52 Week High10.84
52 Week Low0.82
Performance
1 Week12.6%
2 Weeks20.41%
1 Month48.39%
3 Month-24.26%
6 Month168.18%
12 Month-70.29%
2 Year-25.69%
3 Year-81.98%
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)0.07
RSI(14)67.02
LBB2.05
UBB3.09
2.95
+0.06 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.08%
1 Week12.6%
2 Weeks20.41%
1 Month48.39%
3 Month-24.26%
6 Month168.18%
12 Month-70.29%
2 Year-25.69%
3 Year-81.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%10.66%
ATR Inc49.19%
Range Today0.61
ADR(20)0.31
ADR(20)%10.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.89
Mansfield5.51
10 Day High3.28
10 Day Low2.32
20 Day High3.28
20 Day Low1.83
52 Week High10.84
52 Week Low0.82
CS1 End2.64
CR1 Start2.96
Volume & EV
DER(3)5.42%
DER(5)9.2%
Volume82.50K
Volume Incr23.92%
Vol(5)44.92K
Vol(50)25.02K