RAYONIER INC (RYN) Stock Technical Analysis
USA - NYSE:RYN - US7549071030 - REIT
We assign a technical rating of 0 out of 10 to RYN. RYN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
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21.56
When analyzing the support we notice one important area.
- A support zone ranging from 21.78 to 22.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.44 to 22.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.18 to 24.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.35 to 27.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.63 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 | 12.17 | NEGATIVE | RYN has a low relative strength, it was outperformed by 87.83% 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) | 33.92 | NEUTRAL | The RSI value for RYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RYN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.97 | NEUTRAL | The Stochastics value for RYN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for RYN suggests some volalility. |
| Average Directional Index/ADX (14) | 40.51 | POSITIVE | The high ADX value value for RYN suggests a strong trend. |
22.43
+0.35 (+1.59%)
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 33.919. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RAYONIER INC?
The MACD indicator for RAYONIER INC (RYN) has a value of -0.133073, 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.