Technical Analysis for RRAC - Rigel Resource Acquisition Corp.

Grade Last Price % Change Price Change
B 11.27 0.04% 0.01
RRAC closed up 0.04 percent on Friday, May 17, 2024, on 67 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Flat Flat

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%

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Profile

Rigel Resource Acquisition Corp., a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Private Equity Mergers And Acquisitions Special Purpose Acquisition Company Reverse Takeover

Is RRAC 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 11.39
52 Week Low 10.47
Average Volume 91,297
200-Day Moving Average 11.00
50-Day Moving Average 11.21
20-Day Moving Average 11.26
10-Day Moving Average 11.26
Average True Range 0.01
RSI (14) 62.55
ADX 51.96
+DI 30.73
-DI 14.78
Chandelier Exit (Long, 3 ATRs) 11.23
Chandelier Exit (Short, 3 ATRs) 11.28
Upper Bollinger Bands 11.27
Lower Bollinger Band 11.24
Percent B (%b) 0.7
BandWidth 0.28
MACD Line 0.01
MACD Signal Line 0.02
MACD Histogram -0.0032
Fundamentals Value
Market Cap 276.78 Million
Num Shares 24.6 Million
EPS 0.32
Price-to-Earnings (P/E) Ratio 35.20
Price-to-Sales 0.00
Price-to-Book 1.47
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.27
Resistance 3 (R3) 11.27 11.27 11.27
Resistance 2 (R2) 11.27 11.27 11.27 11.27
Resistance 1 (R1) 11.27 11.27 11.27 11.27 11.27
Pivot Point 11.26 11.26 11.26 11.26 11.26
Support 1 (S1) 11.26 11.26 11.26 11.26 11.26
Support 2 (S2) 11.26 11.26 11.26 11.26
Support 3 (S3) 11.26 11.26 11.26
Support 4 (S4) 11.26