Friday May 24, 2019 Change 0.00% Price $4.90
Chart period: 2019-02-25 - 2019-05-24
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will RMNI stock price go up or down on Tue, 28 May 2019?

Predict

Rimini Street Inc Forecast and Stock Analysis

Technical RMNI stock analysis for Friday May 24, 2019.

Sell candidate since 2019-05-13 Gain 3.59%
Shorts n/a
Insider % 9.50%
Institutional % 43.90%
Beta 1.44
ROA -49.55%
Price to book USD 3.42
P/E Ratio -3.77
Next Earnings Date 2019-08-07


No changes to the price of Rimini Street Inc in the last trading day ( Friday, 24th May 2019 ). During day the stock fluctuated 0.00% from a day low at $4.90 to a day high of $4.90. The price has been going up and down for this period, and there has been a -5.22% loss for the last 2 weeks.

Quick summary:

  • 30 day high of the RMNI stock price was $5.23 and low was $4.47.
  • 90 day high was $6.00 and low was $4.47.
  • 52 week high for the Rimini Street Inc - $8.55 and low - $4.00.

Trend

Rimini Street Inc lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.65% during the next 3 months and, with 90% probability hold a price between $4.27 and $5.10 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Some negative signals were issued as well, and these may have some influence on the near short-term development. Rimini Street Inc holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $5.04. On a fall, the stock will find some support from the short-term average at $4.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Wednesday May 22, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 40 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Rimini Street Inc finds support from accumulated volume at $4.88.

Support: $4.88 Price: $4.90 Resistance: $5.00

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 1.80%.

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

1.80 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Will RMNI stock price go up or down
on Tue, 28 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank