GRENERGY RENOVABLES (GRE.MC) Stock Technical Analysis
Europe - BME:GRE - ES0105079000 - Common Stock
69 EUR
-0.75 (-1.08%)
Taking everything into account, GRE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: GRE has an average volume of 22219 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GRE is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, GRE also shows a nice and consistent pattern of rising prices.
GRE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GRE has a been trading in the 61.50 - 73.30 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
GRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 68.88, a Stop Loss order could be placed below this zone.
More info and screens
58.81
74.64
When analyzing the support we can see 5 important areas.
- A support zone ranging from 68.43 to 68.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 65.35 to 66.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.20 from a horizontal line in the weekly time frame.
- Support @61.00 from a horizontal line in the daily time frame.
- Support @59.40 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @71.70 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 73.90 to 73.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GRE.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRE.MC is up. |
| ChartMill Relative Strength | 93 | POSITIVE | GRE.MC has a high relative strength, it outperformed 93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRE.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRE.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRE.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for GRE.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests GRE.MC has a negative trend. |
| Stochastics (14,3) | 41.73 | NEUTRAL | The Stochastics value for GRE.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for GRE.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.86 | NEUTRAL | The ADX value for GRE.MC suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 71.71 | 68.42 | 3.29 (4.59%) | 21.80% |
| An entry @71.71. This is a Buy Stop order right above the resistance zone. | An exit @68.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.29 points, which is 4.59%. | When investing 21.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of GRE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BME:GRE (9/23/2025, 5:29:55 PM)
69
-0.75 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.08%
1 Week2.99%
2 Weeks2.37%
1 Month11.11%
3 Month14.62%
6 Month71.64%
12 Month78.06%
2 Year233.01%
3 Year122.58%
5 Year261.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.26
ATR(20)%3.46%
ATR Inc15.13%
Range Today3.1
ADR(20)2.24
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93
Mansfield3.23
10 Day High71.9
10 Day Low66.35
20 Day High73.3
20 Day Low61.5
52 Week High74.9
52 Week Low26.75
CS1 End68.88
CR1 Start71.7
Volume & EV
DER(3)2.6%
DER(5)0.46%
Volume31.01K
Volume Incr14.55%
Vol(5)30.77K
Vol(50)22.22K