RAIN ENHANCEMENT TECHNO-CL A (RAIN) Stock Technical Analysis
NASDAQ:RAIN - Nasdaq - US75080J1034 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to RAIN. Although RAIN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
In the last month RAIN has a been trading in the 3.15 - 4.05 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.
Warning: RAIN has an average volume of 7376 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, RAIN did better than 96% of all other stocks. We also observe that the gains produced by RAIN over the past year are nicely spread over this period.
RAIN is part of the Machinery industry. There are 127 other stocks in this industry. RAIN outperforms 92% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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. Prices have been consolidating lately. There is a support zone below the current price at 3.24, 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.
- 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
2.74
6.17
3 important support areas can be observed.
- A support zone ranging from 3.19 to 3.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.87 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.77 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.48 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.90 from a horizontal line in the daily time frame.
- Resistance @6.11 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 | 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 | 96.68 | POSITIVE | RAIN has a high relative strength, it outperformed 96.68% 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) | UP | MIXED | The current price of RAIN is below the rising 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) | 38.56 | NEUTRAL | The RSI value for RAIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RAIN has a negative trend. |
| Stochastics (14,3) | 24.31 | NEUTRAL | The Stochastics value for RAIN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.88 | HIGH VOLATILITY | The high ATR as a percentage value for RAIN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.85 | 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 (8/14/2025, 8:00:01 PM)
3.25
-0.22 (-6.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-6.34%
1 Week-8.84%
2 Weeks-14.47%
1 Month-10.47%
3 Month-52.42%
6 Month9.8%
12 Month250.22%
2 Year-45.19%
3 Year-81.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%8.88%
ATR Inc12.73%
Range Today0.25
ADR(20)0.27
ADR(20)%8.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.68
Mansfield0.84
10 Day High3.9
10 Day Low3.15
20 Day High4.05
20 Day Low3.15
52 Week High10.84
52 Week Low0.82
CS1 End3.24
CR1 Start3.48
Volume & EV
DER(3)0.09%
DER(5)5.91%
Volume3.40K
Volume Incr-10.26%
Vol(5)4.46K
Vol(50)7.38K