RANI THERAPEUTICS HOLDINGS-A (RANI) Stock Technical Analysis
NASDAQ:RANI - Nasdaq - US7530181004 - Common Stock - Currency: USD
Taking everything into account, RANI scores 1 out of 10 in our technical rating. RANI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RANI is a bad performer in the overall market: 92% of all stocks are doing better.
RANI is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 192 stocks in the same industry do better.
RANI is currently trading near the lower end of its 52 week range, which is not a good sign. RANI is lagging the S&P500 Index which is trading in the middle of its 52 week range.
RANI has an average volume of 1091570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RANI has a been trading in the 1.35 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RANI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.56. Right above this resistance zone may be a good entry point.
More info and screens
1.41
1.70
2 important support areas can be observed.
- Support @1.45 from a trend line in the daily time frame.
- Support @1.42 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.56 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.68 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
CRS8.96
Mansfield-5.08
10 Day High1.65
10 Day Low1.41
20 Day High1.9
20 Day Low1.35
52 Week High8.75
52 Week Low1.24
Performance
1 Week1.96%
2 Weeks-6.02%
1 Month-5.45%
3 Month-19.17%
6 Month-40.46%
12 Month-58.84%
2 Year-69.77%
3 Year-88.44%
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)-0.01
RSI(14)50.92
LBB1.37
UBB1.77
1.56
-0.02 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.27%
1 Week1.96%
2 Weeks-6.02%
1 Month-5.45%
3 Month-19.17%
6 Month-40.46%
12 Month-58.84%
2 Year-69.77%
3 Year-88.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.42%
ATR Inc-31.6%
Range Today0.08
ADR(20)0.13
ADR(20)%8.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.96
Mansfield-5.08
10 Day High1.65
10 Day Low1.41
20 Day High1.9
20 Day Low1.35
52 Week High8.75
52 Week Low1.24
CS1 End1.45
CR1 Start1.56
Volume & EV
DER(3)-0.78%
DER(5)-3.29%
Volume119.00K
Volume Incr-90.8%
Vol(5)211.36K
Vol(50)1.09M