Technical Analysis for RRIF - Rainforest Resources Inc

Grade Last Price % Change Price Change
grade F 2.17 -13.89% -0.3500
RRIF closed down 13.89 percent on Friday, January 17, 2020, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Older signals for RRIF ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 9.45
52 Week Low 1.5601
Average Volume 13,375
200-Day Moving Average 5.7897
50-Day Moving Average 4.7478
20-Day Moving Average 3.3415
10-Day Moving Average 3.0950
Average True Range 0.9439
ADX 30.85
+DI 12.6011
-DI 26.2275
Chandelier Exit (Long, 3 ATRs ) 1.7683
Chandelier Exit (Short, 3 ATRs ) 4.5717
Upper Bollinger Band 4.4235
Lower Bollinger Band 2.2595
Percent B (%b) -0.04
BandWidth 64.7613
MACD Line -0.5087
MACD Signal Line -0.4590
MACD Histogram -0.0497
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.1900
Resistance 3 (R3) 3.1600 2.7900 3.0200
Resistance 2 (R2) 2.7900 2.5302 2.8050 2.9633
Resistance 1 (R1) 2.4800 2.3698 2.2950 2.5100 2.9066
Pivot Point 2.1100 2.1100 2.0175 2.1250 2.1100
Support 1 (S1) 1.8000 1.8502 1.6150 1.8300 1.4334
Support 2 (S2) 1.4300 1.6898 1.4450 1.3767
Support 3 (S3) 1.1200 1.4300 1.3200
Support 4 (S4) 1.1500