RENK GROUP AG (R3NK.DE) Technical Analysis
FRA:R3NK • DE000RENK730
Current stock price
R3NK.DE Technical Rating and Analysis
Overall R3NK gets a technical rating of 1 out of 10. R3NK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month R3NK has a been trading in the 49.54 - 61.94 range, which is quite wide. It is currently trading near the lows of this range.
- R3NK is one of the better performing stocks in the Machinery industry, it outperforms 73% of 107 stocks in the same industry.
- Looking at the yearly performance, R3NK did better than 76% of all other stocks. 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 trading in the upper part of its 52 week range, so R3NK is lagging the market slightly.
R3NK.DE Weekly and Daily overview Charts
R3NK.DE Setup Rating and Analysis
The technical rating of R3NK is bad and it also does not present a quality setup 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
R3NK.DE Support and Resistance Analysis
47.58
We found 3 important support areas.
- Support @51.30 from a horizontal line in the daily time frame.
- Support @50.44 from a horizontal line in the weekly time frame.
- Support @48.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 55.16 to 57.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @67.22 from a horizontal line in the daily time frame.
R3NK.DE 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for R3NK.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for R3NK.DE is down. |
| ChartMill Relative Strength | 76.14 | POSITIVE | R3NK.DE has a high relative strength, it outperformed 76.14% 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) | DOWN | NEGATIVE | The current price of R3NK.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.67 | NEUTRAL | The RSI value for R3NK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests R3NK.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.34 | NEUTRAL | The Stochastics value for R3NK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for R3NK.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for R3NK.DE suggests a weak or negative trend. |
R3NK.DE Chart- and CandleStick Pattern Analysis
R3NK.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:R3NK (3/25/2026, 5:36:15 PM)
52.36
+1.26 (+2.47%)
RENK GROUP AG / R3NK.DE TA FAQ
What is the technical rating for R3NK stock?
ChartMill assigns a technical rating of 1 / 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 41.6687. 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 -0.419478, indicating a bearish trend.
What is the support and resistance level for R3NK stock?
RENK GROUP AG (R3NK.DE) has a support level at 51.3 and a resistance level at 55.16. Check the full technical report for our detailed analysis of R3NK.DE support and resistance levels.