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REDEIA CORP SA (RE21.DE) Stock Technical Analysis

FRA:RE21 - Deutsche Boerse Ag - ES0173093024 - Common Stock - Currency: EUR

18.14  -0.4 (-2.16%)

Technical Rating and Analysis

10

Overall RE21 gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RE21 is showing a nice and steady performance.

Warning: RE21 has an average volume of 509 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RE21 is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by RE21 over the past year are nicely spread over this period.
RE21 is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RE21 is performing more or less in line with the market.
RE21 is an average performer in the Electric Utilities industry, it outperforms 56% of 17 stocks in the same industry.
In the last month RE21 has a been trading in the 17.47 - 19.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
REDEIA CORP SA / RE21 Weekly stock chart
REDEIA CORP SA / RE21 Daily stock chart
Setup Rating and Analysis

3

Although RE21 has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

15.38

19.33

We found 4 important support areas.

  • A support zone ranging from 17.66 to 18.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.35 from a horizontal line in the daily time frame.
  • A support zone ranging from 16.13 to 16.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 15.54 to 15.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 18.15 to 18.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 19.05 to 19.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RE21.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RE21.DE is up.
ChartMill Relative Strength85.49POSITIVERE21.DE has a high relative strength, it outperformed 85.49% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of RE21.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RE21.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RE21.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)50.98NEUTRALThe RSI value for RE21.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests RE21.DE has a negative trend.
Stochastics (14,3)67.72NEUTRALThe Stochastics value for RE21.DE is a neutral value.
Average True Range in percent/ATR (20)1.38LOW VOLATILITYThe low ATR as a percentage value for RE21.DE suggests low volalility.
Average Directional Index/ADX (14)17.69NEGATIVEThe low ADX value for RE21.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
REDEIA CORP SA / RE21 Daily stock chart

REDEIA CORP SA

FRA:RE21 (5/28/2025, 7:00:00 PM)

18.14

-0.4 (-2.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.16%
1 Week2.89%
2 Weeks1.45%
1 Month-1.63%
3 Month8.36%
6 Month10.54%
12 Month17.95%
2 Year13.98%
3 Year-7.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.38%
ATR Inc-2.11%
Range Today0.05
ADR(20)0.05
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.49
Mansfield0.31
10 Day High18.67
10 Day Low17.47
20 Day High19.14
20 Day Low17.47
52 Week High19.22
52 Week Low15.54
CS1 End18.01
CR1 Start18.15
Volume & EV
DER(3)0%
DER(5)0%
Volume213
Volume Incr-86.79%
Vol(5)105.6
Vol(50)509.34