RAYONIER INC (RYN) Stock Technical Analysis
NYSE:RYN - New York Stock Exchange, Inc. - US7549071030 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to RYN. In the past year, RYN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RYN is a bad performer in the overall market: 67% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RYN has a been trading in the 23.09 - 26.17 range, which is quite wide. It is currently trading near the high of this range.
RYN has an average volume of 1128830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RYN is an average performer in the Specialized REITs industry, it outperforms 62% of 30 stocks in the same industry.
RYN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RYN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RYN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.08
29.04
We found 1 important support area.
- A support zone ranging from 23.31 to 24.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.06 to 26.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.75 from a trend line in the weekly 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 RYN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYN is up. |
| ChartMill Relative Strength | 33.58 | NEUTRAL | RYN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYN is above the rising 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) | 73.73 | OVERBOUGHT | The high RSI value suggests RYN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests RYN has a positive trend. |
| Stochastics (14,3) | 77.77 | NEUTRAL | The Stochastics value for RYN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for RYN 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)
26.05
+0.24 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.93%
1 Week11.23%
2 Weeks8%
1 Month10.85%
3 Month11.13%
6 Month-0.65%
12 Month-11.51%
2 Year-12.88%
3 Year-26.66%
5 Year-11.03%
10 Year13.26%
15 Year-44.93%
Volatility
ATR(14)0.65
ATR(20)%2.18%
ATR Inc192.69%
Range Today0.53
ADR(20)0.51
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.58
Mansfield-1.21
10 Day High26.17
10 Day Low23.14
20 Day High26.17
20 Day Low23.09
52 Week High32.88
52 Week Low21.84
CS1 End24.08
CR1 Start26.06
Volume & EV
DER(3)1.5%
DER(5)1.21%
Volume1.22M
Volume Incr26.63%
Vol(5)1.40M
Vol(50)1.13M