USA - NYSE:RYN - US7549071030 - REIT
We assign a technical rating of 1 out of 10 to RYN. In the last year, RYN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of RYN is bad and it also does not present a 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.
21.90
2 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for RYN is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RYN is down. |
ChartMill Relative Strength | 22.04 | NEGATIVE | RYN has a low relative strength, it was outperformed by 77.96% 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) | 41.29 | NEUTRAL | The RSI value for RYN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests RYN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 18.07 | OVERSOLD | The low Stochastics value suggests RYN may be oversold. |
Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for RYN suggests a strong trend. |
24.91
+0.12 (+0.48%)