RENK GROUP AG (R3NK.DE) Stock Technical Analysis
Europe - FRA:R3NK - DE000RENK730 - Common Stock
Overall R3NK gets a technical rating of 3 out of 10. Although R3NK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, R3NK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 66.52. Right above this resistance zone may be a good entry point.
More info and screens
57.79
When analyzing the support we can see 2 important areas.
- Support @62.38 from a trend line in the daily time frame.
- A support zone ranging from 58.37 to 59.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 66.52 to 67.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for R3NK.DE is down. |
| ChartMill Relative Strength | 98.79 | POSITIVE | R3NK.DE has a high relative strength, it outperformed 98.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of R3NK.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of R3NK.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of R3NK.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.47 | NEUTRAL | The RSI value for R3NK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests R3NK.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.62 | NEUTRAL | The Stochastics value for R3NK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for R3NK.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.72 | NEUTRAL | The ADX value for R3NK.DE suggests a possible start of a new trend. |
FRA:R3NK (11/12/2025, 5:35:15 PM)
62.81
-1.05 (-1.64%)
RENK GROUP AG / R3NK.DE FAQ
What is the technical rating for R3NK stock?
ChartMill assigns a technical rating of 3 / 10 to R3NK.DE.
What is the trend direction for R3NK stock?
The current trend direction for RENK GROUP AG (R3NK.DE) is Bearish.
What is the RSI signal for RENK GROUP AG (R3NK.DE) stock?
RENK GROUP AG (R3NK.DE) has an RSI value of 38.4652. 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 0.0244458, indicating a bearish trend.
What is the short term momentum for R3NK stock?
The short term momentum for RENK GROUP AG (R3NK.DE) is negative.