Colas (RE.PA) Technical Analysis
EPA:RE • FR0000121634
Current stock price
RE.PA Technical Rating and Analysis
Taking everything into account, RE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 part of the Construction & Engineering industry. There are 44 other stocks in this industry. RE outperforms 95% of them.
- 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 relatively good performance is mostly due to a recent big move.
- In the last month RE has a been trading in a tight range between 174.00 and 175.00.
RE.PA Weekly and Daily overview Charts
RE.PA Setup Rating and Analysis
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
RE.PA Support and Resistance Analysis
110.88
When analyzing the support we can see 3 important areas.
- 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.
RE.PA 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 | 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. |
RE.PA Chart- and CandleStick Pattern Analysis
RE.PA Example Setup
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.
RE.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:RE (12/5/2023, 7:00:00 PM)
175
0 (0%)
Colas / RE.PA TA FAQ
What is the technical rating for RE stock?
ChartMill assigns a technical rating of 8 / 10 to RE.PA.
What is the current trend direction of Colas (RE.PA) stock?
The current trend direction for Colas (RE.PA) is Bullish.
What is the RSI signal for RE stock?
Colas (RE.PA) has an RSI value of 84.1499. This indicates that the stock is currently overbought.
What is the MACD signal for Colas (RE.PA) stock?
The MACD indicator for Colas (RE.PA) has a value of -0.338247, indicating a bearish trend.
What are the support and resistance levels for Colas (RE.PA) stock?
Colas (RE.PA) has a support level at 174.57 and a resistance level at 175. Check the full technical report for our detailed analysis of RE.PA support and resistance levels.