RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RYN
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Rayonier Inc stock price down 0.509% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 19, 2024 Gain 1.06% PDF

The Rayonier Inc stock price fell by -0.509% on the last day (Thursday, 28th Mar 2024) from $33.41 to $33.24. During the last trading day the stock fluctuated 1.78% from a day low at $33.09 to a day high of $33.68. The price has been going up and down for this period, and there has been a -0.33% loss for the last 2 weeks. Volume has increased on the last day by 51 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 699 thousand shares were bought and sold for approximately $23.25 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.66% during the next 3 months and, with a 90% probability hold a price between $33.88 and $38.25 at the end of this 3-month period.

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RYN Signals & Forecast

There are few to no technical positive signals at the moment. The Rayonier Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $33.65. On a fall, the stock will find some support from the short-term average at $33.21. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -5.57%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Rayonier Inc stock

Rayonier Inc finds support from accumulated volume at $32.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.590 (1.78%) between high and low. For the last week, the stock has had daily average volatility of 1.38%.

Rayonier Inc is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (RYN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Rayonier Inc to open at $33.34, and during the day (based on 14 day Average True Range), to move between $32.66 and $33.82, which gives a possible trading interval of +/-$0.575 (+/-1.73%) up or down from last closing price. If Rayonier Inc takes out the full calculated possible swing range there will be an estimated 3.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $33.41 (0.51%) than the support at $32.89 (1.05%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Rayonier Inc stock A Buy?

The Rayonier Inc stock holds several negative signals and despite the positive trend, we believe Rayonier Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.523 Sell Candidate Unchanged

Predicted Opening Price for Rayonier Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$33.34 ( 0.291%) $33.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RYN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.93 2.07 %
R2 33.70 1.39 %
R1 33.56 0.97 %
Current price: 33.24
Support S1 33.11 -0.387 %
S2 32.97 -0.81 %
S3 32.75 -1.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 34.84 4.81 %
R2 33.51 0.81 %
R1 33.41 0.511 %
Current price 33.24
Support S1 32.89 -1.05%
S2 32.53 -2.14%
S3 30.94 -6.92%

RYN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 15, 2024 Mar 13, 2024 Mar 28, 2024 $0.290 0.87%
2 Dec 18, 2023 Dec 28, 2023 Jan 12, 2024 $0.200 0.624%
3 Oct 20, 2023 Dec 14, 2023 Dec 29, 2023 $0.290 0.87%
4 Jul 21, 2023 Sep 14, 2023 Sep 29, 2023 $0.285 1.00%
5 May 19, 2023 Jun 15, 2023 Sep 29, 2023 $0.285 1.00%

FAQ

What is the symbol for Rayonier Inc Stock and on which exchange is it traded?
The symbol for Rayonier Inc is RYN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Rayonier Inc Stock?
The Rayonier Inc stock holds several negative signals and despite the positive trend, we believe Rayonier Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Rayonier Inc Stock?
Rayonier Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Rayonier Inc Stock.

What's the current price of Rayonier Inc Stock?
As of the end of day on the 2024-03-28, the price of an Rayonier Inc (RYN) share was $33.24.

What is the 52-week high and low for Rayonier Inc Stock?
The 52-week high for Rayonier Inc Stock is $35.29 and the 52-week low is $24.84.

What is the market capitalization of Rayonier Inc Stock?
As of the 2024-03-28, the market capitalization of Rayonier Inc is 4.941B.

When is the next earnings date for Rayonier Inc?
The upcoming earnings date for Rayonier Inc is May 01, 2024.
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About Rayonier Inc

Rayonier Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S. Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts a... RYN Profile

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