ALGORHYTHM HOLDINGS INC (RIME) Stock Technical Analysis
NASDAQ:RIME - Nasdaq - US8293225020 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RIME. RIME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than RIME.
RIME is part of the Household Durables industry. There are 64 other stocks in this industry, of which 96% are performing better than RIME.
RIME has an average volume of 8459700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RIME has a been trading in the 1.84 - 2.67 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, RIME does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.99
2.61
When analyzing the support we can see 2 important areas.
- Support @2.06 from a trend line in the daily time frame.
- Support @2.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.52 from a horizontal line in the weekly time frame.
- Resistance @2.58 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.67
10 Day Low2.02
20 Day High2.67
20 Day Low1.84
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-6.8%
2 Weeks4.02%
1 Month1.3%
3 Month-72%
6 Month-97.23%
12 MonthN/A
2 YearN/A
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)0.11
RSI(14)43.42
LBB2
UBB2.71
2.33
-0.1 (-4.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.12%
1 Week-6.8%
2 Weeks4.02%
1 Month1.3%
3 Month-72%
6 Month-97.23%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%13.31%
ATR Inc27.82%
Range Today0.17
ADR(20)0.3
ADR(20)%13.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.67
10 Day Low2.02
20 Day High2.67
20 Day Low1.84
52 Week HighN/A
52 Week LowN/A
CS1 End2.06
CR1 Start2.52
Volume & EV
DER(3)-15.37%
DER(5)-4.75%
Volume91.80K
Volume Incr-9.48%
Vol(5)121.34K
Vol(50)8.46M