Technical Analysis for RNG - Ringcentral, Inc.

Grade Last Price % Change Price Change
C 36.92 0.93% 0.34
RNG closed up 0.93 percent on Friday, May 17, 2024, on 73 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. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jun 4
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Evening Star Bearish 0.93%
Slingshot Bullish Bullish Swing Setup 0.93%
Upper Bollinger Band Walk Strength 0.93%
Wide Bands Range Expansion 0.93%

   Recent Intraday Alerts

Alert Time
Possible NR7 2 days ago
Possible Inside Day 2 days ago
60 Minute Opening Range Breakout 2 days ago
Up 1% 2 days ago
Down 1 ATR 3 days ago

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Profile

Ringcentral, Inc. Description

RingCentral, Inc. provides software-as-a-service solutions for business communications primarily in the United States. The company's services include RingCentral Office, a multi-location, multi-user, enterprise-grade communications solution that enables employees to communicate through voice, text, and fax channels on smartphones, tablets, PCs, and desk phones for businesses that require a communications solution; RingCentral Professional, an inbound call routing service with text and fax capabilities for smaller businesses; and RingCentral Fax solution that provides Internet fax capabilities, which allow businesses to send and receive fax documents without the need for a fax machine. It serves advertising, consulting, finance, healthcare, legal, real estate, retail, and technology industries through its direct sales representatives and resellers in the United States and internationally. The company was founded in 1999 and is headquartered in San Mateo, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Telecommunications Smartphones Work From Home Fax Office Equipment Personal Computer Business Communications Internet Fax Software As A Service Solutions

Is RNG 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 43.28
52 Week Low 25.08
Average Volume 997,388
200-Day Moving Average 31.60
50-Day Moving Average 33.28
20-Day Moving Average 32.71
10-Day Moving Average 35.13
Average True Range 1.22
RSI (14) 66.67
ADX 29.71
+DI 39.22
-DI 16.75
Chandelier Exit (Long, 3 ATRs) 34.69
Chandelier Exit (Short, 3 ATRs) 32.73
Upper Bollinger Bands 38.91
Lower Bollinger Band 26.50
Percent B (%b) 0.84
BandWidth 37.94
MACD Line 1.42
MACD Signal Line 0.69
MACD Histogram 0.7385
Fundamentals Value
Market Cap 3.09 Billion
Num Shares 83.8 Million
EPS -4.21
Price-to-Earnings (P/E) Ratio -8.77
Price-to-Sales 1.45
Price-to-Book 102.83
PEG Ratio 0.45
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.82
Resistance 3 (R3) 37.77 37.41 37.67
Resistance 2 (R2) 37.41 37.18 37.44 37.62
Resistance 1 (R1) 37.17 37.04 37.29 37.22 37.57
Pivot Point 36.81 36.81 36.88 36.84 36.81
Support 1 (S1) 36.57 36.58 36.69 36.62 36.27
Support 2 (S2) 36.21 36.44 36.24 36.22
Support 3 (S3) 35.97 36.21 36.17
Support 4 (S4) 36.02