1.66 USD
+0.03 (+1.84%)
1.67 USD
+0.01 (+0.6%)
Overall RANI gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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 may just continue or reversal may be around the corner!
RANI is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 91% of 192 stocks in the same industry.
RANI has an average volume of 22377800 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 relatively good performance is mostly due to a recent big move.
RANI 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 RANI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although RANI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.52
2.15
2 important support areas can be observed.
- Support @1.62 from a horizontal line in the weekly time frame.
- Support @1.54 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.93 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.09 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 | 97.45 | POSITIVE | RANI has a high relative strength, it outperformed 97.45% 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) | 48.67 | NEUTRAL | The RSI value for RANI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RANI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.84 | OVERSOLD | The low Stochastics value suggests RANI may be oversold. |
| Average True Range in percent/ATR (20) | 19.52 | HIGH VOLATILITY | The high ATR as a percentage value for RANI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.16 | 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)
1.66
+0.03 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.84%
1 Week-14.43%
2 Weeks-10.75%
1 Month-6.74%
3 Month225.43%
6 Month196.85%
12 Month-17.82%
2 Year-16.16%
3 Year-79.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%19.52%
ATR Inc-43.84%
Range Today0.12
ADR(20)0.31
ADR(20)%18.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.45
3 months CRS99.57
6 months CRS98.4
Mansfield3.74
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 End1.62
CR1 Start1.93
Volume & EV
DER(3)-6.56%
DER(5)-7.24%
Volume3.41M
Volume Incr-87.34%
Vol(5)2.74M
Vol(50)22.38M
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 48.6728. 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.