REPORTING FOR 2019-11-13 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how RNG has been trading over the last 2 weeks and the past day especially. On its latest session, Ringcentral, Inc. ($RNG) opened at 169.83, reaching a high of 174.13 and a low of 169.83 before closing at a price of 172.71. There was a total volume of 1185935.
VOLUME INDICATORS FOR RINGCENTRAL, INC. ($RNG): We saw an accumulation-distribution index of 406.3015, an on-balance volume of -170.21, chaikin money flow of 1.0 and a force index of 6.6816. There was an ease of movement rating of 0.03023, a volume-price trend of 41.03152 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR RINGCENTRAL, INC. ($RNG): We noted an average true range of 3.22676, bolinger bands of 171.36588, an upper bollinger band of 166.61412, lower bollinger band of 169.83, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 171.26333, high band keltner channel of 166.96333, low band keltner channel of 175.56333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 169.83, a donchian channel low band of 169.83, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR RINGCENTRAL, INC. ($RNG): We calculated a Moving Average Convergence Divergence (MACD) of -0.03769, a MACD signal of -0.02094, a MACD difference of -0.01675, a fast Exponential Moving Average (EMA) indicator of 169.83, a slow Exponential Moving Average (EMA) indicator of 169.83, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.57952, a trix of 15.74796, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -32.64588, a KST Oscillator (KST) of 237.97128 and a KST Oscillator (KST Signal) of 237.97128 (leaving a KST difference of -3.06158). We also found an Ichimoku rating of 171.98, an Ichimoku B rating of 171.98, a Ichimoku visual trend A of 145.00094, an Ichimoku visual trend B of 150.91538, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR RINGCENTRAL, INC. ($RNG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of 74.00881 and an awesome oscillator of -0.4745.
RETURNS FOR RINGCENTRAL, INC. ($RNG): There was a daily return of 23.79713, a daily log return of -0.99415 and a cumulative return of -0.98922.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Ringcentral, Inc. ($RNG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Ringcentral, Inc. ($RNG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.