RENK GROUP AG (R3NK.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:R3NK - DE000RENK730 - Common Stock
Overall R3NK gets a technical rating of 7 out of 10. Although R3NK has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that R3NK is one of the better performing stocks in the market, outperforming 97% of all stocks.
- R3NK is part of the Machinery industry. There are 115 other stocks in this industry. R3NK outperforms 96% of them.
- R3NK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so R3NK is lagging the market.
- In the last month R3NK has a been trading in the 50.64 - 66.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although R3NK has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
47.01
3 important support areas can be observed.
- Support @60.94 from a horizontal line in the daily time frame.
- A support zone ranging from 55.14 to 55.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.48 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.19 to 64.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 66.22 to 67.22. 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 | NEUTRAL | NEUTRAL | The long term trend for R3NK.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for R3NK.DE is up. |
| ChartMill Relative Strength | 97.94 | POSITIVE | R3NK.DE has a high relative strength, it outperformed 97.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of R3NK.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of R3NK.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of R3NK.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.57 | NEUTRAL | The RSI value for R3NK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests R3NK.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.23 | NEUTRAL | The Stochastics value for R3NK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for R3NK.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for R3NK.DE suggests a possible start of a new trend. |
FRA:R3NK (1/16/2026, 7:00:00 PM)
62.28
+1.33 (+2.18%)
RENK GROUP AG / R3NK.DE FAQ
What is the technical rating for R3NK stock?
ChartMill assigns a technical rating of 7 / 10 to R3NK.DE.
Can you provide the trend direction for RENK GROUP AG?
The current trend direction for RENK GROUP AG (R3NK.DE) is Bearish.
What is the RSI signal for R3NK stock?
RENK GROUP AG (R3NK.DE) has an RSI value of 58.5704. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RENK GROUP AG?
The MACD indicator for RENK GROUP AG (R3NK.DE) has a value of 0.632171, indicating a bearish trend.
What is the support and resistance level for R3NK stock?
RENK GROUP AG (R3NK.DE) has a support level at 60.94 and a resistance level at 64.19. Check the full technical report for our detailed analysis of R3NK.DE support and resistance levels.