RENN FUND INC (RCG)

US7597201059

1.56  -0.03 (-2.19%)

Technical Rating and Analysis

1

Taking everything into account, RCG scores 1 out of 10 in our technical rating. RCG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RCG is a bad performer in the overall market: 76% of all stocks are doing better.
RCG is part of the Capital Markets industry. There are 208 other stocks in this industry, of which 74% are performing better than RCG.
RCG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: RCG has an average volume of 5506 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RCG has a been trading in the 1.52 - 1.64 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
RCG Weekly chart
RCG Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, RCG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.58, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.52

1.87

We found 1 important support area.

  • Support @1.54 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 1.56 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.73 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Strong resistance @1.85 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.38
Mansfield-2.08
10 Day High1.64
10 Day Low1.54
20 Day High1.64
20 Day Low1.52
52 Week High1.9
52 Week Low1.52
Performance
1 Week0.95%
2 Weeks1.59%
1 Month1.59%
3 Month-6.73%
6 Month-10.89%
12 Month-8.86%
2 Year-26.16%
3 Year-39.27%
5 Year-6.73%
10 Year-6.18%
15 Year-44.23%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)50.05
LBB1.55
UBB1.63
RCG Daily chart

RENN FUND INC

NYSEARCA:RCG (3/28/2024, 11:14:50 AM)

1.56

-0.03 (-2.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.19%
1 Week0.95%
2 Weeks1.59%
1 Month1.59%
3 Month-6.73%
6 Month-10.89%
12 Month-8.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%2.61%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.64
10 Day Low1.54
20 Day High1.64
20 Day Low1.52
52 Week High1.9
52 Week Low1.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.13K
Volume Incr-35.36%
Vol(5)4.68K
Vol(50)5.51K