NYSE:RYN - New York Stock Exchange, Inc. - US7549071030 - REIT - Currency: USD
Taking everything into account, RYN scores 0 out of 10 in our technical rating. RYN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RYN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.18. Right above this resistance zone may be a good entry point.
22.69
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The long term trend for RYN is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RYN is down. |
ChartMill Relative Strength | 20.42 | NEGATIVE | RYN has a low relative strength, it was outperformed by 79.58% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYN is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RYN is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RYN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 40.82 | NEUTRAL | The RSI value for RYN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RYN has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 40.43 | NEUTRAL | The Stochastics value for RYN is a neutral value. |
Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
Average Directional Index/ADX (14) | 31.35 | POSITIVE | The high ADX value value for RYN suggests a strong trend. |
23.39
-0.2 (-0.85%)