REDEIA CORP SA (RE21.DE) Stock Technical Analysis
FRA:RE21 - ES0173093024 - Common Stock
16.6 EUR
+0.16 (+0.97%)
Taking everything into account, RE21 scores 0 out of 10 in our technical rating. RE21's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RE21 is a bad performer in the overall market: 80% of all stocks are doing better.
RE21 is one of the lesser performing stocks in the Electric Utilities industry. 86% of 16 stocks in the same industry do better.
RE21 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.
RE21 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: RE21 has an average volume of 815 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
RE21 has a poor technical rating and the quality of the setup is also not perfect 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
14.41
19.26
We found 3 important support areas.
- A support zone ranging from 16.13 to 16.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.54 from a horizontal line in the daily time frame.
- A support zone ranging from 14.56 to 14.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.07 to 17.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.14 from a trend line in the daily time frame.
- Resistance @18.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.03 to 19.07. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for RE21.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RE21.DE is down. |
| ChartMill Relative Strength | 20.38 | NEGATIVE | RE21.DE has a low relative strength, it was outperformed by 79.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RE21.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RE21.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RE21.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.23 | NEUTRAL | The RSI value for RE21.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RE21.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.3 | OVERSOLD | The low Stochastics value suggests RE21.DE may be oversold. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for RE21.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 28.4 | POSITIVE | The high ADX value value for RE21.DE 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)
FRA:RE21 (8/25/2025, 7:00:00 PM)
16.6
+0.16 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.97%
1 Week1.59%
2 Weeks-4.05%
1 Month-5.95%
3 Month-8.39%
6 Month-0.84%
12 Month2.09%
2 Year9.72%
3 Year-13.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.96%
ATR Inc-0.89%
Range Today0.03
ADR(20)0.05
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.38
Mansfield-1.3
10 Day High17.2
10 Day Low16.29
20 Day High17.85
20 Day Low16.29
52 Week High19.22
52 Week Low15.77
CS1 End16.57
CR1 Start17.07
Volume & EV
DER(3)0%
DER(5)0%
Volume88
Volume Incr-51.29%
Vol(5)327.2
Vol(50)815.04