Colas (RE.PA) Stock Technical Analysis
EPA:RE - Euronext Paris - Matif - FR0000121634 - Common Stock - Currency: EUR
Taking everything into account, RE scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RE is showing a nice and steady performance.
Warning: RE has an average volume of 14446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
RE is one of the better performing stocks in the Construction & Engineering industry, it outperforms 87% of 42 stocks in the same industry.
RE is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RE is leading the market.
When comparing the yearly performance of all stocks, we notice that RE is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month RE has a been trading in a tight range between 174.00 and 175.00.
Besides having an excellent technical rating, RE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 175.00. Right above this resistance zone may be a good entry point.
More info and screens
110.88
176.76
3 important support areas can be observed.
- A support zone ranging from 173.99 to 174.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.00 to 116.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 112.00 to 113.00. 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 175.00 to 175.01. 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 | UP | POSITIVE | The long term trend for RE.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RE.PA is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | RE.PA has a high relative strength, it outperformed 98.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RE.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RE.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RE.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.15 | OVERBOUGHT | The high RSI value suggests RE.PA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests RE.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests RE.PA may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for RE.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 85.38 | POSITIVE | The high ADX value value for RE.PA suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 175.02 | 174.99 | 0.03 (0.02%) | 25.00% |
| An entry @175.02. This is a Buy Stop order right above the resistance zone. | An exit @174.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.02%. | For a 0.00% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RE. 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.
EPA:RE (12/5/2023, 7:00:00 PM)
175
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month0.57%
3 Month53.51%
6 Month48.31%
12 Month50.86%
2 Year38.34%
3 Year41.7%
5 Year25%
10 Year42.28%
15 Year23.24%
Volatility
ATR(14)0.14
ATR(20)%0.14%
ATR Inc-100%
Range Today0
ADR(20)0.23
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield2.47
10 Day High175
10 Day Low175
20 Day High175
20 Day Low174
52 Week High175
52 Week Low112.5
CS1 End174.57
CR1 Start175
Volume & EV
DER(3)-0.07%
DER(5)-0.07%
Volume6.68K
Volume Incr-54.67%
Vol(5)13.38K
Vol(50)14.45K