Technical Analysis for RNET - RigNet, Inc.

Grade Last Price % Change Price Change
grade F 11.15 -11.51% -1.45
RNET closed down 11.51 percent on Friday, March 22, 2019, on 1.69 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
Mar 22 Lower Bollinger Band Walk Weakness 0.00%
Mar 22 Wide Bands Range Expansion 0.00%
Mar 22 Below Lower BB Weakness 0.00%
Mar 22 Down 3 Days in a Row Weakness 0.00%
Mar 22 Down 4 Days in a Row Weakness 0.00%
Mar 22 Down 5 Days in a Row Weakness 0.00%
Mar 22 Lower Bollinger Band Touch Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 Stochastic Buy Signal Bullish -11.51%
Mar 21 Lower Bollinger Band Walk Weakness -11.51%

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 Wi-Fi Oil And Gas Industry IP Network Architecture Voice Over Internet Protocol Wan High Speed Internet Access Video Conferencing Airespring 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, 3 bearish and 2 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 30,890
200-Day Moving Average 15.0418
50-Day Moving Average 14.263
20-Day Moving Average 14.4455
10-Day Moving Average 13.786
Average True Range 0.8759
ADX 19.55
+DI 12.264
-DI 35.9405
Chandelier Exit (Long, 3 ATRs ) 13.3323
Chandelier Exit (Short, 3 ATRs ) 13.7477
Upper Bollinger Band 16.8368
Lower Bollinger Band 12.0542
Percent B (%b) -0.19
BandWidth 33.107888
MACD Line -0.5732
MACD Signal Line -0.1689
MACD Histogram -0.4043
Fundamentals Value
Market Cap 203.14 Million
Num Shares 18.2 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -17.15
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) 13.24
Resistance 3 (R3) 13.46 12.98 12.89
Resistance 2 (R2) 12.98 12.45 12.87 12.77
Resistance 1 (R1) 12.07 12.12 11.83 11.85 12.66
Pivot Point 11.59 11.59 11.48 11.48 11.59
Support 1 (S1) 10.68 11.06 10.44 10.46 9.64
Support 2 (S2) 10.20 10.73 10.09 9.53
Support 3 (S3) 9.29 10.20 9.41
Support 4 (S4) 9.07