RESONANT INC (RESN)
Common Stock
Overall RESN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RESN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
RESN is one of the better performing stocks in the Communications Equipment industry, it outperforms 98% of 54 stocks in the same industry.
RESN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RESN has an average volume of 2443340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RESN did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month RESN has a been trading in a tight range between 4.37 and 4.50.
Besides having an excellent technical rating, RESN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.47, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.43
4.55
We found 2 important support areas.
- A support zone ranging from 4.44 to 4.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.49 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.14
Mansfield5.21
10 Day High4.5
10 Day Low4.42
20 Day High4.5
20 Day Low4.37
52 Week High4.5
52 Week Low1.18
Performance
1 Week0%
2 Weeks1.36%
1 Month2.28%
3 Month135.79%
6 Month60.57%
12 Month6.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)84.26
LBB4.4
UBB4.52
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 |
|---|---|---|---|
| 4.51 | 4.43 | 0.08 (1.77%) | 25.00% |
| An entry @4.51. This is a Buy Stop order right above the resistance zone. | An exit @4.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 1.77%. | For a 0.44% total portfolio risk, you can invest 25.00% 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.
RESONANT INC
NASDAQ:RESN (3/25/2022, 8:14:03 PM)
After market: 4.48 0 (0%)4.48
-0.01 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.22%
1 Week0%
2 Weeks1.36%
1 Month2.28%
3 Month135.79%
6 Month60.57%
12 Month6.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.53%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.5
10 Day Low4.42
20 Day High4.5
20 Day Low4.37
52 Week High4.5
52 Week Low1.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.52M
Volume Incr-21.36%
Vol(5)2.18M
Vol(50)2.44M