ALGORHYTHM HOLDINGS INC (RIME) Stock Technical Analysis
NASDAQ:RIME - Nasdaq - US8293225020 - Common Stock - Currency: USD
Taking everything into account, RIME scores 3 out of 10 in our technical rating. In the past year, RIME was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RIME is a bad performer in the overall market: 100% of all stocks are doing better.
RIME is one of the lesser performing stocks in the Household Durables industry. 96% of 64 stocks in the same industry do better.
RIME 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is bad, RIME does present a nice setup opportunity. 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 2.69. Right above this resistance zone may be a good entry point.
More info and screens
2.12
2.72
3 important support areas can be observed.
- Support @2.48 from a trend line in the daily time frame.
- Support @2.21 from a horizontal line in the daily time frame.
- Support @2.14 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.69 to 2.69. 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
CRS0
Mansfield-30
10 Day High2.91
10 Day Low2.39
20 Day High2.91
20 Day Low2.18
52 Week HighN/A
52 Week LowN/A
Performance
1 Week0.58%
2 Weeks5.08%
1 Month16.97%
3 Month-6.68%
6 Month-94.89%
12 MonthN/A
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)0.02
RSI(14)51.02
LBB2.45
UBB2.73
NASDAQ:RIME (5/21/2025, 2:56:04 PM)
2.67
+0.08 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.09%
1 Week0.58%
2 Weeks5.08%
1 Month16.97%
3 Month-6.68%
6 Month-94.89%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%8.74%
ATR Inc-21.33%
Range Today0.25
ADR(20)0.23
ADR(20)%8.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.91
10 Day Low2.39
20 Day High2.91
20 Day Low2.18
52 Week HighN/A
52 Week LowN/A
CS1 End2.48
CR1 Start2.69
Volume & EV
DER(3)-1.84%
DER(5)-6.96%
Volume54.22K
Volume Incr-33.87%
Vol(5)59.22K
Vol(50)118.07K