Technical Analysis for RRIF - Rainforest Resources Inc

Grade Last Price % Change Price Change
grade F 1.34 -6.29% -0.0900
RRIF closed down 6.29 percent on Friday, August 7, 2020, on 2.77 times normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up
Historical RRIF trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
New Uptrend Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Older signals for RRIF ...

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Profile

The vision of Rainforest Resources Inc, is to sustain forestry and to live in harmony with forestry in itself. Without harming the forest,we can make earth a better place, by allowing the worlds lungs to breath.
Forestry Forest Conservation Forest Certification

Is RRIF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 7.6
52 Week Low 0.2151
Average Volume 7,627
200-Day Moving Average 3.1161
50-Day Moving Average 2.0129
20-Day Moving Average 1.0618
10-Day Moving Average 1.0815
Average True Range 0.3423
ADX 27.62
+DI 34.9416
-DI 21.0580
Chandelier Exit (Long, 3 ATRs ) 1.1131
Chandelier Exit (Short, 3 ATRs ) 1.6473
Upper Bollinger Band 1.3493
Lower Bollinger Band 0.7743
Percent B (%b) 0.98
BandWidth 54.1533
MACD Line -0.1550
MACD Signal Line -0.2564
MACD Histogram 0.1014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.8700
Resistance 3 (R3) 2.9667 2.5533 2.6150
Resistance 2 (R2) 2.5533 2.1637 2.5050 2.5299
Resistance 1 (R1) 1.9467 1.9230 1.7400 1.8500 2.4450
Pivot Point 1.5333 1.5333 1.4300 1.4850 1.5333
Support 1 (S1) 0.9267 1.1437 0.7200 0.8300 0.2350
Support 2 (S2) 0.5133 0.9030 0.4650 0.1501
Support 3 (S3) -0.0933 0.5133 0.0650
Support 4 (S4) -0.1900