Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

RigNet, Inc (NASDAQ:RNET)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_RNET
Open High Low RNET Price Change
7.52 7.68 7.22 7.58 -0.27
Entry Signal

MarketClub’s Trade Triangles for RNET

long term down The long term trend has been DOWN since Dec 6th, 2018 at 15.3075

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 14.0200

short term down The short term trend has been DOWN since May 13th, 2019 at 9.3600

Smart Scan Analysis for RNET

Based on a pre-defined weighted trend formula for chart analysis, RNET scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RNET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.52 7.68 7.22 7.58 -0.27
Prev. Close Volume Bid Ask Time
14.94 195620 2019-05-23 15:59:56
Year High24.05Year High Date2018-09-12
Year Low10.025Year Low Date2018-07-02
52wk High24.0552wk High Date2018-09-12
52wk Low10.02552wk Low Date2018-07-02
Year End Close20.43Average Volume30,056
Shares Outstanding19,411Short Interest218,145
% Institutional88.6Market Cap290M
Assets83MLiabilities28.1M
Beta0.48Volatility48.26
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