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.
MarketClub’s Trade Triangles for RNET
The long-term trend has been UP since Jun 9th, 2020 at 4.04
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 9.09
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).
|Year High||24.05||Year High Date||2018-09-12|
|Year Low||10.025||Year Low Date||2018-07-02|
|52wk High||11.19||52wk High Date||2021-02-11|
|52wk Low||0.77||52wk Low Date||2020-04-22|
|Year End Close||20.43||Average Volume||104,040|
|Shares Outstanding||21,016||Short Interest||218,145|
|% Institutional||88.6||Market Cap||162M|