1.6 USD
-0.02 (-1.23%)
1.62 USD
+0.02 (+1.25%)
Taking everything into account, RANI scores 7 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.
In the last month RANI has a been trading in the 1.42 - 2.63 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RANI is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. RANI outperforms 91% of them.
RANI has an average volume of 22447300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RANI did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RANI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RANI is lagging the market.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
1.51
2.15
When analyzing the support we can see 2 important areas.
- Support @1.56 from a trend line in the daily time frame.
- Support @1.53 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.02 from a trend line in the daily time frame.
- Resistance @2.13 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 | NEUTRAL | NEUTRAL | The short term trend for RANI is neutral. |
| ChartMill Relative Strength | 97.01 | POSITIVE | RANI has a high relative strength, it outperformed 97.01% 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 | 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) | 47.77 | NEUTRAL | The RSI value for RANI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests RANI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.65 | OVERSOLD | The low Stochastics value suggests RANI may be oversold. |
| Average True Range in percent/ATR (20) | 19.23 | HIGH VOLATILITY | The high ATR as a percentage value for RANI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.03 | POSITIVE | The high ADX value value for RANI 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)
1.6
-0.02 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.23%
1 Week-7.43%
2 Weeks-23.58%
1 Month-2.41%
3 Month217.59%
6 Month189.7%
12 Month-19.8%
2 Year-18.18%
3 Year-80.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%19.23%
ATR Inc-50.54%
Range Today0.08
ADR(20)0.3
ADR(20)%18.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.01
3 months CRS99.56
6 months CRS98.16
Mansfield3.21
10 Day High2.15
10 Day Low1.46
20 Day High2.63
20 Day Low1.42
52 Week High3.87
52 Week Low0.39
CS1 End1.61
CR1 Start1.92
Volume & EV
DER(3)1.03%
DER(5)-2.54%
Volume1.32M
Volume Incr-78.53%
Vol(5)2.67M
Vol(50)22.45M
RANI THERAPEUTICS HOLDINGS-A / RANI FAQ
Can you provide the ChartMill technical rating for RANI THERAPEUTICS HOLDINGS-A?
ChartMill assigns a technical rating of 7 / 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 47.767. 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 neutral.