Rignet Inc (RNET)

9.6  -0.22 (-2.24%)

After market: 9.56 -0.04 (-0.42%)

Technical Rating and Analysis

9

Overall RNET gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RNET 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!
Looking at the yearly performance, RNET did better than 98% of all other stocks. We also observe that the gains produced by RNET over the past year are nicely spread over this period.
RNET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RNET is lagging the market slightly.
In the last month RNET has a been trading in the 8.34 - 9.86 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RNET Weekly chart
RNET Daily chart
Setup Rating and Analysis

3

Although RNET has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

6.67

9.70

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 9.00 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 8.78 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A support zone ranging from 8.51 to 8.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @6.74 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.75
Mansfield5.96
10 Day High9.86
10 Day Low8.57
20 Day High9.86
20 Day Low8.34
52 Week High11.19
52 Week Low0.82
Performance
1 Week9.22%
2 Weeks6.79%
1 Month4.8%
3 Month22.14%
6 Month161.58%
12 Month713.56%
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)0.12
RSI(14)59.64
LBB8.25
UBB9.77
RNET Daily chart

Rignet Inc

NASDAQ:RNET (4/30/2021, 7:00:01 PM)

After market: 9.56 -0.04 (-0.42%)

9.6

-0.22 (-2.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.24%
1 Week9.22%
2 Weeks6.79%
1 Month4.8%
3 Month22.14%
6 Month161.58%
12 Month713.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%3.24%
ATR Inc
Range Today0.26
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 High9.86
10 Day Low8.57
20 Day High9.86
20 Day Low8.34
52 Week High11.19
52 Week Low0.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume289.00K
Volume Incr152.76%
Vol(5)121.52K
Vol(50)130.59K