REDEIA CORP SA (RE21.DE) Stock Technical Analysis
Europe - FRA:RE21 - ES0173093024 - Common Stock
15.47 EUR
-0.43 (-2.7%)
We assign a technical rating of 0 out of 10 to RE21. RE21 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, RE21 is a bad performer in the overall market: 87% of all stocks are doing better.
RE21 is part of the Electric Utilities industry. There are 19 other stocks in this industry, of which 77% are performing better than RE21.
RE21 is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month RE21 has a been trading in the 15.47 - 17.01 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: RE21 has an average volume of 1152 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of RE21 is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.46
19.26
When analyzing the support we notice one important area.
- Support @14.61 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.41 to 16.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.35 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 | NEUTRAL | NEUTRAL | The short term trend for RE21.DE is neutral. |
| ChartMill Relative Strength | 13.41 | NEGATIVE | RE21.DE has a low relative strength, it was outperformed by 86.59% 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) | DOWN | NEGATIVE | The current price of RE21.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.97 | NEUTRAL | The RSI value for RE21.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RE21.DE has a negative trend. |
| Stochastics (14,3) | 25.36 | NEUTRAL | The Stochastics value for RE21.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for RE21.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for RE21.DE suggests a weak or negative 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 (11/3/2025, 7:00:00 PM)
15.47
-0.43 (-2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.7%
1 Week-8.19%
2 Weeks-5.9%
1 Month-5.21%
3 Month-5.32%
6 Month-12.7%
12 Month-10.58%
2 Year0.45%
3 Year-8.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.49%
ATR Inc250%
Range Today0.07
ADR(20)0.08
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.41
3 months CRS16.98
6 months CRS10.67
Mansfield-2.06
10 Day High17.01
10 Day Low15.47
20 Day High17.01
20 Day Low15.47
52 Week High19.22
52 Week Low15.47
CS1 End14.61
CR1 Start16.41
Volume & EV
DER(3)0%
DER(5)0%
Volume1.17K
Volume Incr-13.31%
Vol(5)1.66K
Vol(50)1.15K
REDEIA CORP SA / RE21.DE FAQ
Can you provide the ChartMill technical rating for REDEIA CORP SA?
ChartMill assigns a technical rating of 0 / 10 to RE21.DE.
What is the trend direction for RE21 stock?
The current trend direction for REDEIA CORP SA (RE21.DE) is Bearish.
What is the RSI signal for REDEIA CORP SA (RE21.DE) stock?
REDEIA CORP SA (RE21.DE) has an RSI value of 31.9675. This indicates that the stock is currently neutral.
What is the short term momentum for RE21 stock?
The short term momentum for REDEIA CORP SA (RE21.DE) is neutral.