RAYONIER INC (RYN) Stock Technical Analysis
NYSE:RYN - New York Stock Exchange, Inc. - US7549071030 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to RYN. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than RYN.
RYN is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 93% are performing better than RYN.
RYN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month RYN has a been trading in the 21.84 - 24.30 range, which is quite wide. It is currently trading near the lows of this range.
RYN has an average volume of 1073330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
21.90
29.47
When analyzing the support we notice one important area.
- A support zone ranging from 22.12 to 22.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.08 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.13 to 24.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.86 from a trend line in the daily time frame.
- Resistance @29.18 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 | 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 | 12.36 | NEGATIVE | RYN has a low relative strength, it was outperformed by 87.64% 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) | 35.88 | NEUTRAL | The RSI value for RYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RYN has a negative trend. |
| Stochastics (14,3) | 11.93 | OVERSOLD | The low Stochastics value suggests RYN may be oversold. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
| Average Directional Index/ADX (14) | 28.57 | POSITIVE | The high ADX value value for RYN suggests a strong 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)
22.18
+0.06 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.27%
1 Week-2.68%
2 Weeks-5.34%
1 Month-6.41%
3 Month-11.42%
6 Month-15.79%
12 Month-20.36%
2 Year-29.36%
3 Year-40.66%
5 Year-10.53%
10 Year-13.19%
15 Year-49.61%
Volatility
ATR(14)0.47
ATR(20)%2.08%
ATR Inc26.95%
Range Today0.4
ADR(20)0.45
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.36
Mansfield-2.53
10 Day High23.37
10 Day Low21.84
20 Day High24.3
20 Day Low21.84
52 Week High32.88
52 Week Low21.84
CS1 End22.11
CR1 Start23.16
Volume & EV
DER(3)0.89%
DER(5)0.94%
Volume1.25M
Volume Incr46.52%
Vol(5)1.45M
Vol(50)1.07M