RENK GROUP AG (R3NK.DE) Stock Technical Analysis
FRA:R3NK • DE000RENK730
We assign a technical rating of 7 out of 10 to R3NK. In the past year, R3NK was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- R3NK is one of the better performing stocks in the Machinery industry, it outperforms 89% of 109 stocks in the same industry.
- In the last month R3NK has a been trading in the 49.11 - 61.66 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that R3NK is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by R3NK over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
- 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.
- Considerably lower volume is observed in the last couple of days.
R3NK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
49.94
We found 3 important support areas.
- Support @52.45 from a trend line in the daily time frame.
- A support zone ranging from 51.29 to 51.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @50.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.41 to 59.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @64.19 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 66.23 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 | NEUTRAL | NEUTRAL | The short term trend for R3NK.DE is neutral. |
| ChartMill Relative Strength | 95.45 | POSITIVE | R3NK.DE has a high relative strength, it outperformed 95.45% 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) | UP | POSITIVE | The current price of R3NK.DE is above the rising 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) | 50.45 | NEUTRAL | The RSI value for R3NK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests R3NK.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.86 | NEUTRAL | The Stochastics value for R3NK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for R3NK.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for R3NK.DE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 59.57 | 56.90 | 2.67 (4.48%) | 22.31% |
| An entry @59.57. This is a Buy Stop order right above the resistance zone. | An exit @56.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.67 points, which is 4.48%. | When investing 22.31% 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 R3NK. 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.
FRA:R3NK (2/25/2026, 5:35:15 PM)
58.21
-1.24 (-2.09%)
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 50.4502. 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 0.265338, indicating a bearish trend.
What is the support and resistance level for R3NK stock?
RENK GROUP AG (R3NK.DE) has a support level at 52.45 and a resistance level at 58.41. Check the full technical report for our detailed analysis of R3NK.DE support and resistance levels.