4.79 USD
+0.28 (+6.21%)
6.28 USD
+1.49 (+31.11%)
Overall RAIN gets a technical rating of 5 out of 10. RAIN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month RAIN has a been trading in the 4.17 - 6.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that RAIN is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, RAIN also shows a nice and consistent pattern of rising prices.
RAIN is one of the better performing stocks in the Machinery industry, it outperforms 97% of 130 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RAIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RAIN is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
RAIN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for RAIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.86
6.27
We found 4 important support areas.
- Support @4.78 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.45 to 4.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.07 from a trend line in the weekly time frame.
- A support zone ranging from 3.90 to 3.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @6.21 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for RAIN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAIN is down. |
| ChartMill Relative Strength | 98.83 | POSITIVE | RAIN has a high relative strength, it outperformed 98.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAIN is below a declining 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) | 45.13 | NEUTRAL | The RSI value for RAIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RAIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests RAIN may be oversold. |
| Average True Range in percent/ATR (20) | 14.13 | HIGH VOLATILITY | The high ATR as a percentage value for RAIN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for RAIN suggests a strong 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)
4.79
+0.28 (+6.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg6.21%
1 Week-22.74%
2 Weeks-5.52%
1 Month-18.95%
3 Month36.74%
6 Month14.18%
12 Month299.17%
2 Year-37.95%
3 Year-62.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%14.13%
ATR Inc-18.11%
Range Today0.78
ADR(20)0.67
ADR(20)%13.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.83
3 months CRS94.83
6 months CRS73.98
Mansfield1.88
10 Day High6.59
10 Day Low4.17
20 Day High6.87
20 Day Low4.17
52 Week High10.84
52 Week Low1.19
CS1 End4.78
CR1 Start6.21
Volume & EV
DER(3)-2.71%
DER(5)3.59%
Volume23.10K
Volume Incr-78.11%
Vol(5)35.32K
Vol(50)77.52K
RAIN ENHANCEMENT TECHNO-CL A / RAIN FAQ
Can you provide the ChartMill technical rating for RAIN ENHANCEMENT TECHNO-CL A?
ChartMill assigns a technical rating of 5 / 10 to RAIN.
What is the current trend direction of RAIN ENHANCEMENT TECHNO-CL A (RAIN) stock?
The current trend direction for RAIN ENHANCEMENT TECHNO-CL A (RAIN) is Bearish.
Can you provide the RSI signal for RAIN ENHANCEMENT TECHNO-CL A?
RAIN ENHANCEMENT TECHNO-CL A (RAIN) has an RSI value of 45.1348. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RAIN ENHANCEMENT TECHNO-CL A?
The short term momentum for RAIN ENHANCEMENT TECHNO-CL A (RAIN) is negative.