Rignet Inc (RNET) Stock Technical Analysis
NASDAQ:RNET - Nasdaq -
Overall RNET gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RNET is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RNET is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by RNET over the past year are nicely spread over this period.
RNET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RNET is lagging the market slightly.
In the last month RNET has a been trading in the 8.34 - 9.86 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RNET has an excellent technical rating, it does not present a decent entry opportunity 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
6.67
9.70
We found 4 important support areas.
- A support zone ranging from 9.00 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.78 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 8.51 to 8.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.74 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
CRS98.75
Mansfield5.96
10 Day High9.86
10 Day Low8.57
20 Day High9.86
20 Day Low8.34
52 Week High11.19
52 Week Low0.82
Performance
1 Week9.22%
2 Weeks6.79%
1 Month4.8%
3 Month22.14%
6 Month161.58%
12 Month713.56%
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)0.12
RSI(14)59.64
LBB8.25
UBB9.77
9.6
-0.22 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.24%
1 Week9.22%
2 Weeks6.79%
1 Month4.8%
3 Month22.14%
6 Month161.58%
12 Month713.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.24%
ATR Inc-5.72%
Range Today0.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.75
Mansfield5.96
10 Day High9.86
10 Day Low8.57
20 Day High9.86
20 Day Low8.34
52 Week High11.19
52 Week Low0.82
CS1 End9.24
CR1 StartN/A
Volume & EV
DER(3)9.22%
DER(5)5.59%
Volume289.00K
Volume Incr152.76%
Vol(5)121.52K
Vol(50)130.59K