Renewable Energy Group Inc (REGI)

US75972A3014 - Common Stock

61.5  +0.05 (+0.08%)

After market: 61.51 +0.01 (+0.02%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to REGI. Both in the recent history as in the last year, REGI has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
REGI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REGI is lagging the market slightly.
REGI has an average volume of 1636670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, REGI did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
REGI is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, REGI did better than 63% of them.
In the last month REGI has a been trading in a tight range between 61.04 and 61.51.

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Weekly and Daily overview Charts
REGI Weekly chart
REGI Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, REGI 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 61.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

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Support and Resistance Analysis

60.02

62.13

We found 1 important support area.

  • A support zone ranging from 60.63 to 61.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 61.50 to 61.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.4
Mansfield2.91
10 Day High61.51
10 Day Low61.27
20 Day High61.51
20 Day Low61.04
52 Week High70.79
52 Week Low32.54
Performance
1 Week0.16%
2 Weeks0.21%
1 Month0.57%
3 Month1%
6 Month35.97%
12 Month-7.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)66.83
LBB61.25
UBB61.5

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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.

ENTRYEXITDISTANCECAPITAL
61.5261.260.26 (0.42%)25.00%
An entry @61.52. This is a Buy Stop order right above the resistance zone.An exit @61.26. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.26 points, which is 0.42%.For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.

More info and screens

REGI Daily chart

Renewable Energy Group Inc

NASDAQ:REGI (6/10/2022, 7:00:01 PM)

After market: 61.51 +0.01 (+0.02%)

61.5

+0.05 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.08%
1 Week0.16%
2 Weeks0.21%
1 Month0.57%
3 Month1%
6 Month35.97%
12 Month-7.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%0.2%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.51
10 Day Low61.27
20 Day High61.51
20 Day Low61.04
52 Week High70.79
52 Week Low32.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.35M
Volume Incr-15.13%
Vol(5)1.19M
Vol(50)1.64M