USA - NASDAQ:RANI - US7530181004 - Common Stock
We assign a technical rating of 9 out of 10 to RANI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RANI is showing a nice and steady performance.
Although RANI has an excellent technical rating, it does not present a decent entry opportunity 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.
1.76
We found 1 important resistance area.
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 | UP | POSITIVE | The short term trend for RANI is up. |
| ChartMill Relative Strength | 96.25 | POSITIVE | RANI has a high relative strength, it outperformed 96.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RANI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RANI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RANI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for RANI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RANI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.38 | NEUTRAL | The Stochastics value for RANI is a neutral value. |
| Average True Range in percent/ATR (20) | 21.4 | HIGH VOLATILITY | The high ATR as a percentage value for RANI suggests high volalility. |
| Average Directional Index/ADX (14) | 39.76 | POSITIVE | The high ADX value value for RANI suggests a strong trend. |
1.78
-0.04 (-2.2%)
ChartMill assigns a technical rating of 9 / 10 to RANI.
The current trend direction for RANI THERAPEUTICS HOLDINGS-A (RANI) is Bullish.
RANI THERAPEUTICS HOLDINGS-A (RANI) has an RSI value of 62.9371. This indicates that the stock is currently neutral.
The short term momentum for RANI THERAPEUTICS HOLDINGS-A (RANI) is positive.
The buy/sell signal for RANI THERAPEUTICS HOLDINGS-A (RANI) is buy as both the short term and long term trends are positive.