RAIN ENHANCEMENT TECHNO-CL A (RAIN) Stock Technical Analysis
NASDAQ:RAIN - Nasdaq - US75080J1034 - Common Stock - Currency: USD
Taking everything into account, RAIN scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
RAIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: RAIN has an average volume of 20372 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
RAIN is part of the Machinery industry. There are 127 other stocks in this industry. RAIN outperforms 96% of them.
In the last month RAIN has a been trading in the 2.69 - 3.93 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RAIN is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
RAIN has an average technical rating and also the quality of the setup is only medium 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
2.62
6.40
4 important support areas can be observed.
- A support zone ranging from 3.59 to 3.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.14 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.02 from a trend line in the daily time frame.
- Support @2.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.34 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RAIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAIN is neutral. |
| ChartMill Relative Strength | 97.89 | POSITIVE | RAIN has a high relative strength, it outperformed 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RAIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.4 | NEUTRAL | The RSI value for RAIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests RAIN has a positive trend. |
| Stochastics (14,3) | 81.17 | OVERBOUGHT | The high Stochastics value suggests RAIN may be overbought. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for RAIN suggests high volalility. |
| Average Directional Index/ADX (14) | 11.32 | NEGATIVE | The low ADX value for RAIN suggests a weak or negative trend. |
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)
NASDAQ:RAIN (7/18/2025, 8:06:21 PM)
3.9
+0.27 (+7.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg7.44%
1 Week2.63%
2 Weeks16.77%
1 Month27.87%
3 Month48.86%
6 Month-5.39%
12 Month248.21%
2 Year-39.25%
3 Year-76.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%7.7%
ATR Inc21.18%
Range Today0.47
ADR(20)0.29
ADR(20)%7.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.89
Mansfield4.02
10 Day High3.93
10 Day Low3.26
20 Day High3.93
20 Day Low2.69
52 Week High10.84
52 Week Low0.82
CS1 End3.65
CR1 Start6.34
Volume & EV
DER(3)-7.28%
DER(5)-5.7%
Volume7.40K
Volume Incr-30.58%
Vol(5)5.64K
Vol(50)20.37K