Technical Analysis for RIC - Ridley Corporation Ltd  

Grade Last Price % Change Price Change
D 2.120 -1.85% -0.040
RIC closed down 1.85 percent on Thursday, May 16, 2024, on 65 percent of 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 Down

Date Alert Name Type % Chg
Death Cross Bearish 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -1.85%
New Downtrend Bearish -2.30%
Cup with Handle Other -2.30%
Oversold Stochastic Weakness -2.30%
Oversold Stochastic Weakness -2.30%
Inside Day Range Contraction -2.30%
Oversold Stochastic Weakness -2.30%
Stochastic Reached Oversold Weakness -1.85%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 15 hours ago
Down 2% about 16 hours ago
Fell Below Previous Day's Low about 17 hours ago
Down 1% about 17 hours ago
Fell Below Previous Day's Low 2 days ago

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Profile

Ridley Corporation Ltd   Description

Ridley Corporation Limited is engaged in the production of animal nutrition solutions. The Company operates through two segments: AgriProducts segment, which is a supplier of animal nutrition solutions and Property segment, which is engaged in realization of opportunities in respect of surplus property assets and sales of residual property site assets. Its product range includes finished products in bulk or bags and in pellet form, raw materials, additives and supplements, and animal meals. Its animal meals include meat and bone meal, poultry meal, hydrolyzed feather meal, blood meal, fishmeal and animal fats. Its brands include Barastoc, Rumevite, Cobber and Primo. It provides feed rations, mineral concentrates, nutritional blocks and supplements to a range of species, such as dairy, poultry, aqua, pig, beef, horse, sheep and dog. Its services include growers, nutrition and export. It offers products in various categories, such as poultry feeds, pig feeds and aqua feed, among others.


Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Foods Agriculture Dairy Nutrition Fish Aquaculture Meal Meat Poultry Growers Livestock Meals Sheep Dog Animal Feed Animal Products Beef Species

Is RIC 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 2.8108
52 Week Low 1.7883
Average Volume 763,875
200-Day Moving Average 2.306
50-Day Moving Average 2.306
20-Day Moving Average 2.234
10-Day Moving Average 2.180
Average True Range 0.060
RSI (14) 35.06
ADX 28.1
+DI 11.742
-DI 32.055
Chandelier Exit (Long, 3 ATRs) 2.229
Chandelier Exit (Short, 3 ATRs) 2.281
Upper Bollinger Bands 2.385
Lower Bollinger Band 2.083
Percent B (%b) 0.12
BandWidth 13.491
MACD Line -0.054
MACD Signal Line -0.048
MACD Histogram -0.0066
Fundamentals Value
Market Cap 677.33 Million
Num Shares 319 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 96.36
Price-to-Sales 0.30
Price-to-Book 1.14
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 1.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.225
Resistance 3 (R3) 2.230 2.200 2.208
Resistance 2 (R2) 2.200 2.173 2.198 2.202
Resistance 1 (R1) 2.160 2.157 2.145 2.155 2.196
Pivot Point 2.130 2.130 2.123 2.128 2.130
Support 1 (S1) 2.090 2.103 2.075 2.085 2.044
Support 2 (S2) 2.060 2.087 2.058 2.038
Support 3 (S3) 2.020 2.060 2.033
Support 4 (S4) 2.015