Technical Analysis for RNET - RigNet, Inc.

Grade Last Price % Change Price Change
grade F 5.61 -1.41% -0.08
RNET closed down 1.41 percent on Thursday, November 21, 2019, on 37 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical RNET trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
20 DMA Support Bullish -1.41%
Outside Day Range Expansion -1.41%
Down 3 Days in a Row Weakness -1.41%
NR7 Range Contraction -4.27%
Inside Day Range Contraction -4.27%
Bearish Engulfing Bearish -4.59%

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.
Telecommunications Oil Computer Networking Oil And Gas Industry Wi-Fi IP Network Architecture Voice Over Internet Protocol Wan High Speed Internet Access Video Conferencing Airespring Internet Standards Megapath Multiprotocol Label Switching Network Infrastructure Services
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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 18.735
52 Week Low 4.76
Average Volume 41,111
200-Day Moving Average 9.1939
50-Day Moving Average 6.5446
20-Day Moving Average 5.6555
10-Day Moving Average 5.812
Average True Range 0.4534
ADX 25.44
+DI 18.0259
-DI 25.9925
Chandelier Exit (Long, 3 ATRs ) 5.0298
Chandelier Exit (Short, 3 ATRs ) 6.1202
Upper Bollinger Band 6.2617
Lower Bollinger Band 5.0493
Percent B (%b) 0.46
BandWidth 21.437539
MACD Line -0.1693
MACD Signal Line -0.248
MACD Histogram 0.0787
Fundamentals Value
Market Cap 102.21 Million
Num Shares 18.2 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -8.63
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) 5.96
Resistance 3 (R3) 5.96 5.84 5.90
Resistance 2 (R2) 5.84 5.76 5.84 5.88
Resistance 1 (R1) 5.73 5.70 5.79 5.73 5.86
Pivot Point 5.61 5.61 5.64 5.61 5.61
Support 1 (S1) 5.50 5.53 5.56 5.50 5.36
Support 2 (S2) 5.38 5.47 5.38 5.34
Support 3 (S3) 5.27 5.38 5.32
Support 4 (S4) 5.27