RIMINI STREET INC (RMNI) Stock Technical Analysis
NASDAQ:RMNI - Nasdaq - US76674Q1076 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to RMNI. In the last year, RMNI was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
RMNI is part of the Software industry. There are 281 other stocks in this industry. RMNI outperforms 81% of them.
RMNI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RMNI slightly outperforms the market at the moment.
In the last month RMNI has a been trading in the 2.79 - 3.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RMNI is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RMNI has an average technical rating and the quality of the presented setup is also not ideal 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
3.01
3.98
When analyzing the support we can see 3 important areas.
- Support @3.20 from a trend line in the daily time frame.
- A support zone ranging from 3.11 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.04 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.51 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.94 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.09
Mansfield2.63
10 Day High3.6
10 Day Low3.04
20 Day High3.6
20 Day Low2.79
52 Week High4.14
52 Week Low1.53
Performance
1 Week-6.29%
2 Weeks5.13%
1 Month-2.38%
3 Month13.89%
6 Month77.3%
12 Month28.63%
2 Year-28.7%
3 Year-46.93%
5 Year-28.85%
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)0.03
RSI(14)45.38
LBB3
UBB3.61
3.28
-0.27 (-7.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.61%
1 Week-6.29%
2 Weeks5.13%
1 Month-2.38%
3 Month13.89%
6 Month77.3%
12 Month28.63%
2 Year-28.7%
3 Year-46.93%
5 Year-28.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.92%
ATR Inc33.19%
Range Today0.36
ADR(20)0.22
ADR(20)%6.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.09
Mansfield2.63
10 Day High3.6
10 Day Low3.04
20 Day High3.6
20 Day Low2.79
52 Week High4.14
52 Week Low1.53
CS1 End3.2
CR1 Start3.51
Volume & EV
DER(3)-0.96%
DER(5)0.58%
Volume436.80K
Volume Incr32.84%
Vol(5)299.22K
Vol(50)302.03K