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NASDAQ Stock RNET Historical charts - RigNet, Inc.

Historical charts for Stock RNET - Share RigNet, Inc. trades in NASDAQ under Consumer Services Deals in Telecommunications Equipment

Moving Averages for

  • 5Day Average: 9.44
  • 12Day Average: 9.07
  • 20Day Average: 9
  • 50Day Average: 9.24
  • 100Day Average: 8.25
  • 150Day Average: 6.99

RNET Indicators & signals

Indicator MACD (12,26,9)

9.2, 9.1, -0.03
Indicator MACD is in positive zone

Indicator ADX (14)

17.65, 29.41, 20.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RNET are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Fri Apr 2021 9.60 9.58 to 9.84 -2.24% 5.22 times
29 Thu Apr 2021 9.82 9.51 to 9.86 2.51% 1.5 times
28 Wed Apr 2021 9.58 9.15 to 9.62 3.9% 2.38 times
27 Tue Apr 2021 9.22 8.94 to 9.26 2.9% 0.91 times
26 Mon Apr 2021 8.96 8.79 to 9.05 1.93% 0.96 times
23 Fri Apr 2021 8.79 8.76 to 8.96 0.57% 0.46 times
22 Thu Apr 2021 8.74 8.62 to 8.87 0% 0.58 times
21 Wed Apr 2021 8.74 8.57 to 8.81 0.81% 0.62 times
20 Tue Apr 2021 8.67 8.63 to 9.05 -4.2% 0.75 times
19 Mon Apr 2021 9.05 8.91 to 9.13 0.67% 1.06 times
16 Fri Apr 2021 8.99 8.66 to 9.01 3.33% 0.78 times
15 Thu Apr 2021 8.70 8.53 to 8.77 0.58% 0.44 times

Technical analysis forecast of RNET Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in RNET RNET at this time. Stock is rising and might rise more.

It appears as if RNET RNET gave a large move recently.

Stock of RNET (RNET) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of RNET is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if RNET stays above 9.5, but if it comes below 9.5, then a intra day sell could be more profitable.
If you take a sell trade below 9.5, then use 9.5 as stoploss and 9.11 as target. However if you take a buy trade in RNET, then use 9.5 as stoploss and 9.9 as target.

Tomorrow's movement Prediction of RNET appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of RNET is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of RNET is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 8.96

Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NASDAQ Stock RNET Historical charts - Share RigNet, Inc.

 

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