Technical Analysis for RNET - RigNet, Inc.

Grade Last Price % Change Price Change
D 8.7 0.58% 0.05
RNET closed up 0.58 percent on Thursday, April 15, 2021, on 14 percent of normal volume.
Earnings due: May 6
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical RNET trend table...

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Slingshot Bearish Bearish Swing Setup 0.58%
Stochastic Reached Oversold Weakness 0.58%
Outside Day Range Expansion 0.58%
Oversold Stochastic Weakness 0.58%
Narrow Range Bar Range Contraction -2.25%
NR7 Range Contraction -2.25%
Down 3 Days in a Row Weakness -2.25%
Older End-of-Day Signals for RNET ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 20 hours ago
Down 1% about 20 hours ago
Up 1% about 22 hours ago
Outside Day 1 day ago
Down 3% 1 day ago
View Earlier Intraday Alerts

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Profile

RigNet, Inc. Description

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.


Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Internet Access Bone Computer Networking Wi-Fi Network Architecture Oil And Gas Industry Kiosks Communications Network Voice Over Internet Protocol Drilling Rig Drilling Rigs Network Infrastructure Hotspot Offshore Drilling Wide Area Network Video Conferencing Data Management Solution High Speed Internet Access Data Management Solutions Remote Communications Internet Standards 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

Indicators

Indicator Value
52 Week High 11.19
52 Week Low 0.77
Average Volume 170,303
200-Day Moving Average 5.78
50-Day Moving Average 9.50
20-Day Moving Average 8.95
10-Day Moving Average 8.90
Average True Range 0.38
ADX 17.04
+DI 19.60
-DI 24.10
Chandelier Exit (Long, 3 ATRs ) 8.96
Chandelier Exit (Short, 3 ATRs ) 9.47
Upper Bollinger Band 9.56
Lower Bollinger Band 8.33
Percent B (%b) 0.3
BandWidth 13.80
MACD Line -0.16
MACD Signal Line -0.13
MACD Histogram -0.0354
Fundamentals Value
Market Cap 178.87 Million
Num Shares 20.6 Million
EPS -3.72
Price-to-Earnings (P/E) Ratio -2.34
Price-to-Sales 0.51
Price-to-Book 15.45
PEG Ratio -1.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.00
Resistance 3 (R3) 8.99 8.87 8.95
Resistance 2 (R2) 8.87 8.80 8.88 8.93
Resistance 1 (R1) 8.79 8.75 8.80 8.80 8.92
Pivot Point 8.67 8.67 8.68 8.68 8.67
Support 1 (S1) 8.59 8.60 8.60 8.60 8.48
Support 2 (S2) 8.47 8.55 8.48 8.47
Support 3 (S3) 8.39 8.47 8.45
Support 4 (S4) 8.40