RAIN ONCOLOGY INC (RAIN)

US75082Q1058 - Common Stock

1.21  -0.02 (-1.63%)

After market: 1.21 0 (0%)

Technical Rating and Analysis

4

Overall RAIN gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RAIN was also a bad performer in the overall market in the last year.

91% of all other stocks performed better in the past year than RAIN.
RAIN is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 69% are performing better than RAIN.
RAIN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RAIN is lagging the market.
In the last month RAIN has a been trading in the 1.19 - 1.27 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RAIN Weekly chart
RAIN Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, RAIN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RAIN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

1.18

1.26

We found 1 important support area.

  • A support zone ranging from 1.19 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.5
Mansfield-7.01
10 Day High1.27
10 Day Low1.2
20 Day High1.27
20 Day Low1.19
52 Week High11.32
52 Week Low0.82
Performance
1 Week0.83%
2 Weeks0.83%
1 Month0%
3 Month13.08%
6 Month-9.02%
12 Month-87.92%
2 Year-85.9%
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
RSI(14)53.89
LBB1.18
UBB1.24
RAIN Daily chart

RAIN ONCOLOGY INC

NASDAQ:RAIN (1/25/2024, 7:00:02 PM)

After market: 1.21 0 (0%)

1.21

-0.02 (-1.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.63%
1 Week0.83%
2 Weeks0.83%
1 Month0%
3 Month13.08%
6 Month-9.02%
12 Month-87.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%1.96%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.27
10 Day Low1.2
20 Day High1.27
20 Day Low1.19
52 Week High11.32
52 Week Low0.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.71M
Volume Incr275.12%
Vol(5)1.11M
Vol(50)330.82K