Rayonier Technical Analysis (NYSE:RYAM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The RYAM stock chart pattern can give those who understand technical analysis an indication of which way RYAM stock is headed, but cannot predict with 100% certainty as to what can happen to the Rayonier stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Rayonier. The technical analysis form of Rayonier stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rayonier Moving Average
Moving averages show the average price of RYAM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $18.56 is below the price of $20.21.
Rayonier Bollinger Bands
Bollinger bands comprise of a center line usually RYAM SMA, and two RYAM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Rayonier bollinger bands show that the stock price is $20.21, upper band is 21.19, lower band is 15.94, and the average is 18.56.
Rayonier Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Rayonier MACD indicator is below 0 indicating a bearish trend.
Rayonier Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 81.3 is the RSI value of RYAM stock.