Technical Analysis for RIC - Ridley Corporation Ltd  

Grade Last Price % Change Price Change
B 2.330 -1.69% -0.040
RIC closed down 1.69 percent on Wednesday, April 24, 2024, on 52 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Crossed Above 50 DMA Bullish -1.69%
Narrow Range Bar Range Contraction -1.69%
Inside Day Range Contraction -1.69%
20 DMA Resistance Bearish -1.69%
50 DMA Resistance Bearish -1.69%
Bullish Engulfing Bullish -1.69%

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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 944,875
200-Day Moving Average 2.284
50-Day Moving Average 2.360
20-Day Moving Average 2.383
10-Day Moving Average 2.367
Average True Range 0.062
RSI (14) 45.36
ADX 13.74
+DI 21.224
-DI 26.201
Chandelier Exit (Long, 3 ATRs) 2.339
Chandelier Exit (Short, 3 ATRs) 2.477
Upper Bollinger Bands 2.489
Lower Bollinger Band 2.277
Percent B (%b) 0.25
BandWidth 8.930
MACD Line -0.010
MACD Signal Line -0.006
MACD Histogram -0.0038
Fundamentals Value
Market Cap 744.42 Million
Num Shares 319 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 105.91
Price-to-Sales 0.30
Price-to-Book 1.14
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 1.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.420
Resistance 3 (R3) 2.430 2.410 2.405
Resistance 2 (R2) 2.410 2.387 2.405 2.400
Resistance 1 (R1) 2.370 2.373 2.360 2.360 2.395
Pivot Point 2.350 2.350 2.345 2.345 2.350
Support 1 (S1) 2.310 2.327 2.300 2.300 2.265
Support 2 (S2) 2.290 2.313 2.285 2.260
Support 3 (S3) 2.250 2.290 2.255
Support 4 (S4) 2.240