ALGORHYTHM HOLDINGS INC (RIME) Stock Technical Analysis
NASDAQ:RIME - Nasdaq - US8293224031 - Common Stock - Currency: USD
Taking everything into account, RIME scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RIME is a bad performer in the overall market: 100% of all stocks are doing better.
RIME is part of the Household Durables industry. There are 67 other stocks in this industry, of which 96% are performing better than RIME.
In the last month RIME has a been trading in the 2.41 - 7.90 range, which is quite wide. It is currently trading near the lows of this range.
RIME has an average volume of 131552000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of RIME is bad and it also does not present a 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
2.74
2.92
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.85 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 High4.02
10 Day Low2.41
20 Day High7.9
20 Day Low2.41
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.36%
2 Weeks-34.98%
1 Month-59.38%
3 Month-94.53%
6 MonthN/A
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)0.71
RSI(14)32.55
LBB1.62
UBB5.13
2.77
-0.11 (-3.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.82%
1 Week-0.36%
2 Weeks-34.98%
1 Month-59.38%
3 Month-94.53%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%24.57%
ATR Inc-36.14%
Range Today0.31
ADR(20)0.6
ADR(20)%21.76%
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 High4.02
10 Day Low2.41
20 Day High7.9
20 Day Low2.41
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start2.85
Volume & EV
DER(3)-0.33%
DER(5)-0.36%
Volume315.60K
Volume Incr-99.59%
Vol(5)655.08K
Vol(50)131.55M