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RENK GROUP AG (R3NK.DE) Stock Technical Analysis

FRA:R3NK - Deutsche Boerse Ag - DE000RENK730 - Common Stock - Currency: EUR

71.4  +0.54 (+0.76%)

Technical Rating and Analysis

10

Overall R3NK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, R3NK is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that R3NK is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, R3NK also shows a nice and consistent pattern of rising prices.
R3NK is one of the better performing stocks in the Machinery industry, it outperforms 97% of 111 stocks in the same industry.
R3NK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so R3NK is performing more or less in line with the market.
R3NK has an average volume of 1622880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month R3NK has a been trading in the 60.10 - 85.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RENK GROUP AG / R3NK Weekly stock chart
RENK GROUP AG / R3NK Daily stock chart
Setup Rating and Analysis

4

Although R3NK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

63.50

72.11

We found 3 important support areas.

  • A support zone ranging from 70.71 to 71.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @68.26 from a horizontal line in the daily time frame.
  • Support @64.14 from a trend line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for R3NK.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for R3NK.DE is up.
ChartMill Relative Strength99.24POSITIVER3NK.DE has a high relative strength, it outperformed 99.24% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of R3NK.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of R3NK.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of R3NK.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)52.71NEUTRALThe RSI value for R3NK.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.82NEGATIVEThe MACD value suggests R3NK.DE has a negative trend.
Stochastics (14,3)22.45NEUTRALThe Stochastics value for R3NK.DE is a neutral value.
Average True Range in percent/ATR (20)7.01HIGH VOLATILITYThe high ATR as a percentage value for R3NK.DE suggests high volalility.
Average Directional Index/ADX (14)33.23POSITIVEThe high ADX value value for R3NK.DE suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
RENK GROUP AG / R3NK Daily stock chart

RENK GROUP AG

FRA:R3NK (6/13/2025, 7:00:00 PM)

71.4

+0.54 (+0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.76%
1 Week-9.16%
2 Weeks-8.91%
1 Month19.24%
3 Month77.5%
6 Month263.91%
12 Month197.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.49
ATR(20)%7.01%
ATR Inc-7.88%
Range Today3.56
ADR(20)4.41
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.24
Mansfield11.41
10 Day High85.96
10 Day Low66.89
20 Day High85.96
20 Day Low60.1
52 Week High85.96
52 Week Low17.71
CS1 End71.39
CR1 StartN/A
Volume & EV
DER(3)-0.64%
DER(5)0.58%
Volume1.39M
Volume Incr-4.56%
Vol(5)1.93M
Vol(50)1.62M