Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

RigNet, Inc (NASDAQ:RNET)

Weak Downtrend (-65) - RNET is showing signs of a strengthening downtrend. Monitor RNET as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RNET?

MarketClub looks at technical strength and momentum to determine if the timing is right for RNET.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RNET
Open High Low RNET Price Change
9.09 9.09 8.85 8.92 +0.02
Entry Signal

MarketClub’s Trade Triangles for RNET

long term up The long-term trend has been UP since Jun 9th, 2020 at 4.04

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 9.09

short term down The short-term trend has been DOWN since Apr 8th, 2021 at 8.88

Smart Scan Analysis for RNET

Based on our trend formula, RNET is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RNET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.09 9.09 8.85 8.92 +0.02
Prev. Close Volume Bid Ask Time
8.94 25056 2021-04-09 15:59:13
Year High24.05Year High Date2018-09-12
Year Low10.025Year Low Date2018-07-02
52wk High11.1952wk High Date2021-02-11
52wk Low0.7752wk Low Date2020-04-22
Year End Close20.43Average Volume104,040
Shares Outstanding21,016Short Interest218,145
% Institutional88.6Market Cap162M
Assets182,807,000MLiabilities181,650,000M
Beta0.48Volatility48.26
Get a free daily analysis and signals for RigNet, Inc (RNET) - Request Your Free Report.