RAYONIER INC (RYN) Stock Technical Analysis
USA - NYSE:RYN - US7549071030 - REIT
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 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
21.26
We found 1 important support area.
- A support zone ranging from 21.47 to 21.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 22.17 to 22.18. 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 22.72 to 23.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.14 to 27.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.94 from a horizontal 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 | 13.53 | NEGATIVE | RYN has a low relative strength, it was outperformed by 86.47% 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) | 29.92 | OVERSOLD | The low RSI value suggests RYN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.6 | NEUTRAL | The Stochastics value for RYN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.59 | POSITIVE | The high ADX value value for RYN suggests a strong trend. |
21.48
-0.31 (-1.42%)
RAYONIER INC / RYN FAQ
Can you provide the ChartMill technical rating for RAYONIER INC?
ChartMill assigns a technical rating of 0 / 10 to RYN.
Can you provide the trend direction for RAYONIER INC?
The current trend direction for RAYONIER INC (RYN) is Bearish.
What is the RSI signal for RAYONIER INC (RYN) stock?
RAYONIER INC (RYN) has an RSI value of 29.924. This indicates that the stock is currently oversold.
Can you provide the MACD signal for RAYONIER INC?
The MACD indicator for RAYONIER INC (RYN) has a value of 0.00908927, indicating a bearish trend.
Can you provide the buy/sell signal for RAYONIER INC?
The buy/sell signal for RAYONIER INC (RYN) is sell as both the short term and long term trends are negative.