RAYONIER INC (RYN) Stock Technical Analysis
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RYN is a bad performer in the overall market: 80% of all stocks are doing better.
RYN is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 89% are performing better than RYN.
RYN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RYN is lagging the market.
In the last month RYN has a been trading in the 22.80 - 24.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RYN has an average volume of 1156060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
22.69
29.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.31 to 23.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.18 to 24.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.93 from a trend line in the daily time frame.
- Resistance @29.61 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 | 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. |
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)
23.39
-0.2 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.85%
1 Week-2.17%
2 Weeks-2.13%
1 Month-4.61%
3 Month-11.7%
6 Month-26.61%
12 Month-22.09%
2 Year-20.23%
3 Year-43.26%
5 Year-1.52%
10 Year-9.41%
15 Year-47.88%
Volatility
ATR(14)0.45
ATR(20)%2.27%
ATR Inc52.54%
Range Today0.64
ADR(20)0.48
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.42
Mansfield-1.99
10 Day High24.22
10 Day Low23.04
20 Day High24.59
20 Day Low22.81
52 Week High32.88
52 Week Low22.8
CS1 End23.34
CR1 Start24.18
Volume & EV
DER(3)0.05%
DER(5)-1.08%
Volume1.23M
Volume Incr-16.67%
Vol(5)969.14K
Vol(50)1.16M