RAYONIER ADVANCED MATERIALS (RYAM) Technical Analysis
NYSE:RYAM • US75508B1044
Current stock price
RYAM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RYAM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RYAM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RYAM is one of the better performing stocks in the market, outperforming 96% of all stocks.
- RYAM is part of the Chemicals industry. There are 83 other stocks in this industry. RYAM outperforms 95% of them.
- RYAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RYAM is performing more or less in line with the market.
- RYAM has an average volume of 1094690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RYAM has a been trading in the 8.94 - 11.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RYAM Weekly and Daily overview Charts
RYAM Setup Rating and Analysis
Besides having an excellent technical rating, RYAM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
RYAM Support and Resistance Analysis
7.10
We found 3 important support areas.
- A support zone ranging from 10.39 to 10.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.91 from a trend line in the daily time frame.
- A support zone ranging from 7.17 to 7.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
RYAM Technical Indicator Signal Analysis
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 RYAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYAM is up. |
| ChartMill Relative Strength | 96.51 | POSITIVE | RYAM has a high relative strength, it outperformed 96.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RYAM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RYAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.33 | NEUTRAL | The RSI value for RYAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RYAM has a negative trend. |
| Stochastics (14,3) | 49.01 | NEUTRAL | The Stochastics value for RYAM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for RYAM suggests high volalility. |
| Average Directional Index/ADX (14) | 39.01 | POSITIVE | The high ADX value value for RYAM suggests a strong trend. |
RYAM Chart- and CandleStick Pattern Analysis
RYAM Technicals: Chart, Performance Metrics, Trend & Indicators
10.74
-0.07 (-0.65%)
RAYONIER ADVANCED MATERIALS / RYAM TA FAQ
Can you provide the ChartMill technical rating for RAYONIER ADVANCED MATERIALS?
ChartMill assigns a technical rating of 10 / 10 to RYAM.
What is the current trend direction of RAYONIER ADVANCED MATERIALS (RYAM) stock?
The current trend direction for RAYONIER ADVANCED MATERIALS (RYAM) is Bullish.
What is the RSI signal for RAYONIER ADVANCED MATERIALS (RYAM) stock?
RAYONIER ADVANCED MATERIALS (RYAM) has an RSI value of 55.3307. This indicates that the stock is currently neutral.
What is the short term momentum for RAYONIER ADVANCED MATERIALS (RYAM) stock?
The short term momentum for RAYONIER ADVANCED MATERIALS (RYAM) is positive.
What is the buy/sell signal for RAYONIER ADVANCED MATERIALS (RYAM) stock?
The buy/sell signal for RAYONIER ADVANCED MATERIALS (RYAM) is buy as both the short term and long term trends are positive.