Rice Acquisition Corp Cl A (RICE) Stock Technical Analysis
NYSE:RICE - New York Stock Exchange, Inc. -
Taking everything into account, RICE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RICE is a bad performer.
90% of all other stocks performed better in the past year than RICE.
The long and short term trends are both positive. This is looking good!
RICE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RICE 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 RICE is lagging the market slightly.
Although RICE 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
14.54
18.69
We found 5 important support areas.
- A support zone ranging from 18.26 to 18.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.51 to 16.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.66 to 15.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.36 from a trend line in the daily time frame.
- Support @14.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.28 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RICE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RICE is up. |
| ChartMill Relative Strength | 10.93 | NEGATIVE | RICE has a low relative strength, it was outperformed by 89.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RICE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RICE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RICE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.59 | NEUTRAL | The RSI value for RICE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests RICE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.86 | NEUTRAL | The Stochastics value for RICE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for RICE suggests some volalility. |
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)
18.27
+0.2 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.11%
1 Week5.48%
2 Weeks14.19%
1 Month14.19%
3 Month7.85%
6 Month77.9%
12 Month-30.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%4.79%
ATR Inc28.82%
Range Today0.99
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.93
Mansfield-0.68
10 Day High19.22
10 Day Low15.78
20 Day High19.22
20 Day Low14.3
52 Week High29.72
52 Week Low9.62
CS1 End18.26
CR1 Start18.28
Volume & EV
DER(3)-5.37%
DER(5)-3.42%
Volume234.30K
Volume Incr43.27%
Vol(5)170.74K
Vol(50)112.17K