Technical Analysis for RNET - RigNet, Inc.

Grade Last Price % Change Price Change
grade D 15.26 3.46% 0.51
RNET closed up 3.46 percent on Friday, January 18, 2019, on 38 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Up
See historical RNET trend table...

Date Alert Name Type % Chg
Jan 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 18 Crossed Above 200 DMA Bullish 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 200 DMA Resistance Bearish 3.46%
Jan 17 Stochastic Reached Overbought Strength 3.46%
Jan 17 Weak + Overbought Other 3.46%
Jan 17 Overbought Stochastic Strength 3.46%
Jan 17 Up 3 Days in a Row Strength 3.46%

Older signals for RNET ...

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Profile
RigNet, Inc. provides network infrastructure services for the remote communications needs of the oil and gas industry. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, data, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access, as well as other value-added services, such as video conferencing solutions, TurboNet wide area network acceleration solutions, real-time data management solutions, Wi-Fi hotspots and Internet kiosks, wireless intercoms, and handheld radios. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 30 countries, including the United States, Brazil, Norway, the United Kingdom, Nigeria, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.
Is RNET a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.05
52 Week Low 10.025
Average Volume 68,188
200-Day Moving Average 14.9475
50-Day Moving Average 15.3219
20-Day Moving Average 13.8335
10-Day Moving Average 14.464
Average True Range 0.7791
ADX 16.01
+DI 22.1574
-DI 17.1008
Chandelier Exit (Long, 3 ATRs ) 12.9227
Chandelier Exit (Short, 3 ATRs ) 13.7473
Upper Bollinger Band 15.2979
Lower Bollinger Band 12.3691
Percent B (%b) 0.99
BandWidth 21.171793
MACD Line -0.0875
MACD Signal Line -0.3337
MACD Histogram 0.2462
Fundamentals Value
Market Cap 278.02 Million
Num Shares 18.2 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -23.48
Price-to-Sales 1.50
Price-to-Book 2.65
PEG Ratio -1.80
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.04
Resistance 3 (R3) 15.95 15.61 15.91
Resistance 2 (R2) 15.61 15.41 15.65 15.87
Resistance 1 (R1) 15.43 15.29 15.52 15.52 15.82
Pivot Point 15.09 15.09 15.13 15.13 15.09
Support 1 (S1) 14.91 14.89 15.00 15.00 14.70
Support 2 (S2) 14.57 14.77 14.61 14.65
Support 3 (S3) 14.39 14.57 14.61
Support 4 (S4) 14.48