RANGER ENERGY SERVICES-CL A (RNGR) Stock Technical Analysis
NYSE:RNGR - US75282U1043 - Common Stock
13.78 USD
+0.32 (+2.38%)
13.78 USD
0 (0%)
Taking everything into account, RNGR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RNGR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
RNGR is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 71% of 61 stocks in the same industry.
When comparing the performance of all stocks over the past year, RNGR turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
RNGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RNGR is lagging the market.
In the last month RNGR has a been trading in the 12.46 - 14.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, RNGR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.77, a Stop Loss order could be placed below this zone.
More info and screens
10.78
15.04
We found 4 important support areas.
- A support zone ranging from 13.45 to 13.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.58 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.07 from a trend line in the daily time frame.
- Support @10.89 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.23 to 14.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.73 to 14.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 RNGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RNGR is up. |
| ChartMill Relative Strength | 68.05 | NEUTRAL | RNGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for RNGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RNGR has a negative trend. |
| Stochastics (14,3) | 59.84 | NEUTRAL | The Stochastics value for RNGR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for RNGR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for RNGR suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 14.29 | 13.44 | 0.85 (5.95%) | 16.81% |
| An entry @14.29. This is a Buy Stop order right above the resistance zone. | An exit @13.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 5.95%. | When investing 16.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
13.78
+0.32 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.38%
1 Week0.44%
2 Weeks0.44%
1 Month6.57%
3 Month7.24%
6 Month-3.37%
12 Month16.39%
2 Year-2.82%
3 Year40.9%
5 Year427.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.15%
ATR Inc19.97%
Range Today0.3
ADR(20)0.42
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.05
Mansfield-0.91
10 Day High14.4
10 Day Low13.44
20 Day High14.4
20 Day Low12.46
52 Week High18.45
52 Week Low10.56
CS1 End13.77
CR1 Start14.23
Volume & EV
DER(3)-1.43%
DER(5)1.1%
Volume77.50K
Volume Incr-36.95%
Vol(5)87.23K
Vol(50)166.66K