Technical Analysis for RNG - Ringcentral, Inc.

Grade Last Price % Change Price Change
D 29.44 4.40% 1.24
RNG closed up 4.4 percent on Monday, July 1, 2024, on 1.89 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup 4.40%
Pocket Pivot Bullish Swing Setup 4.40%
Wide Bands Range Expansion 4.40%
Gapped Up Strength 4.40%
Oversold Stochastic Weakness 4.40%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 4 hours ago
Up 1 ATR about 4 hours ago
Up 3% about 5 hours ago
60 Minute Opening Range Breakout about 5 hours ago
Rose Above Previous Day's High about 5 hours 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 1,168,375
200-Day Moving Average 31.71
50-Day Moving Average 32.15
20-Day Moving Average 30.40
10-Day Moving Average 27.88
Average True Range 1.12
RSI (14) 43.82
ADX 30.36
+DI 22.61
-DI 30.51
Chandelier Exit (Long, 3 ATRs) 32.33
Chandelier Exit (Short, 3 ATRs) 30.33
Upper Bollinger Bands 36.45
Lower Bollinger Band 24.35
Percent B (%b) 0.42
BandWidth 39.82
MACD Line -1.55
MACD Signal Line -1.50
MACD Histogram -0.0529
Fundamentals Value
Market Cap 2.47 Billion
Num Shares 83.8 Million
EPS -4.21
Price-to-Earnings (P/E) Ratio -6.99
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) 31.54
Resistance 3 (R3) 31.31 30.39 31.19
Resistance 2 (R2) 30.39 29.85 30.50 31.07
Resistance 1 (R1) 29.91 29.52 30.15 30.14 30.96
Pivot Point 28.99 28.99 29.11 29.10 28.99
Support 1 (S1) 28.51 28.45 28.75 28.74 27.92
Support 2 (S2) 27.59 28.12 27.70 27.81
Support 3 (S3) 27.11 27.59 27.69
Support 4 (S4) 27.34