NASDAQ:REGI - Nasdaq - US75972A3014 - Common Stock
Taking everything into account, REGI scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, REGI is showing a nice and steady performance.
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
60.02
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
61.52 | 61.26 | 0.26 (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 trade has a worst case loss of 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. |
61.5
+0.05 (+0.08%)