Taking everything into account, RANI scores 6 out of 10 in our technical rating. In the last year, RANI was one of the better performers, but we do observe some doubts in the very recent evolution.
RANI 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 RANI 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.
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1.33
We found 2 important support areas.
- Support @1.44 from a trend line in the daily time frame.
- A support zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.63 from a horizontal line in the daily time frame.
- Resistance @1.76 from a trend line in the weekly time frame.
- Resistance @2.09 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 RANI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RANI is down. |
| ChartMill Relative Strength | 97.13 | POSITIVE | RANI has a high relative strength, it outperformed 97.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RANI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RANI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RANI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.88 | NEUTRAL | The RSI value for RANI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RANI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.1 | NEUTRAL | The Stochastics value for RANI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for RANI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for RANI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.64 | 1.43 | 0.21 (12.80%) | 7.81% |
| An entry @1.64. This is a Buy Stop order right above the resistance zone. | An exit @1.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 12.80%. | For a 1.00% total portfolio risk, you can invest 7.81% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.51
-0.01 (-0.66%)
RANI THERAPEUTICS HOLDINGS-A / RANI FAQ
Can you provide the ChartMill technical rating for RANI THERAPEUTICS HOLDINGS-A?
ChartMill assigns a technical rating of 6 / 10 to RANI.
What is the trend direction for RANI stock?
The current trend direction for RANI THERAPEUTICS HOLDINGS-A (RANI) is Bullish.
What is the RSI signal for RANI stock?
RANI THERAPEUTICS HOLDINGS-A (RANI) has an RSI value of 47.8769. This indicates that the stock is currently neutral.
What is the short term momentum for RANI stock?
The short term momentum for RANI THERAPEUTICS HOLDINGS-A (RANI) is negative.
Can you provide the buy/sell signal for RANI THERAPEUTICS HOLDINGS-A?
The buy/sell signal for RANI THERAPEUTICS HOLDINGS-A (RANI) is hold as the short term and long term trends are mixed.