Ringcentral inc RNG.US Swing Trading Analysis

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RNG Swing Trading Score

3

24

15

Explosive Bullish
  • AI analysis rates RNG with  the highest swing trading score of 5.
  • It is mainly due to  the positive AI swing signal,along with the relatively low short-term volatility.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 13 trades with a 30.77% win rate and an average profit/loss of 17.16%.

RNG Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

RNG Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of RNG from 2013/10 till Now

789.87%
Cumulative Return
20.79%
Annual Return
32.50%
Volatility
0.64
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from October, 2013 to May, 2025. (Total Trades: 68)

RNGSectorUS Overall Market
Wining Rate57%42%43%
Avg Return3.9%4.4%2.2%
Avg Profit10.8%21.6%14.5%
Avg Loss-5.3%-8.5%-7.3%
Avg Risk-Reward Ratio203.8%255.8%199.9%

Update to 2025/5/10 (Daily Update)

Top 10 High Relevance to RNG Swing Trading Score