RANGER ENERGY SERVICES-CL A (RNGR) Stock Technical Analysis
USA - NYSE:RNGR - US75282U1043 - Common Stock
13.17 USD
-0.73 (-5.25%)
13.17 USD
0 (0%)
Taking everything into account, RNGR scores 5 out of 10 in our technical rating. RNGR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month RNGR has a been trading in the 12.98 - 14.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, RNGR outperforms 59% of them, which is more or less in line with the market.
RNGR is an average performer in the Energy Equipment & Services industry, it outperforms 68% of 61 stocks in the same industry.
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.
RNGR has an average technical rating and it also 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.
More info and screens
10.84
15.04
3 important support areas can be observed.
- A support zone ranging from 13.09 to 13.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.62 from a horizontal line in the daily time frame.
- Support @10.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.32 to 14.49. 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 | NEUTRAL | NEUTRAL | The long term trend for RNGR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNGR is neutral. |
| ChartMill Relative Strength | 59.56 | NEUTRAL | RNGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RNGR is below 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) | 41.15 | NEUTRAL | The RSI value for RNGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RNGR has a negative trend. |
| Stochastics (14,3) | 36.97 | NEUTRAL | The Stochastics value for RNGR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for RNGR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for RNGR suggests a weak or negative 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)
13.17
-0.73 (-5.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.25%
1 Week-6.2%
2 Weeks-6.4%
1 Month-2.15%
3 Month6.99%
6 Month7.51%
12 Month6.55%
2 Year13.44%
3 Year25.43%
5 Year437.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.19%
ATR Inc47.14%
Range Today1.04
ADR(20)0.52
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.56
Mansfield-1.52
10 Day High14.67
10 Day Low12.98
20 Day High14.76
20 Day Low12.98
52 Week High18.45
52 Week Low10.56
CS1 End13.16
CR1 Start14.32
Volume & EV
DER(3)1.63%
DER(5)-0.96%
Volume170.97K
Volume Incr-21.42%
Vol(5)135.33K
Vol(50)164.28K