RESOLUTE ENERGY CORP (REN) Stock Technical Analysis
USA - NYSE:REN -
Overall REN gets a technical rating of 2 out of 10. REN'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.
REN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 30.90, a Stop Loss order could be placed below this zone.
More info and screens
26.48
3 important support areas can be observed.
- A support zone ranging from 30.43 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.64 from a horizontal line in the daily time frame.
- Support @26.75 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 31.10 to 32.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.36 from a horizontal line in the daily time frame.
- Resistance @35.89 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for REN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REN is neutral. |
| ChartMill Relative Strength | 22.73 | NEGATIVE | REN has a low relative strength, it was outperformed by 77.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of REN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.48 | NEUTRAL | The RSI value for REN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests REN has a negative trend. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests REN may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for REN suggests some volalility. |
30.91
-0.23 (-0.74%)
RESOLUTE ENERGY CORP / REN FAQ
Can you provide the ChartMill technical rating for RESOLUTE ENERGY CORP?
ChartMill assigns a technical rating of 2 / 10 to REN.
Can you provide the trend direction for RESOLUTE ENERGY CORP?
The current trend direction for RESOLUTE ENERGY CORP (REN) is Bearish.
Can you provide the RSI signal for RESOLUTE ENERGY CORP?
RESOLUTE ENERGY CORP (REN) has an RSI value of 39.4777. This indicates that the stock is currently neutral.
What is the MACD signal for REN stock?
The MACD indicator for RESOLUTE ENERGY CORP (REN) has a value of -0.176957, indicating a bearish trend.
What is the support and resistance level for REN stock?
RESOLUTE ENERGY CORP (REN) has a support level at 30.9 and a resistance level at 31.1. Check the full technical report for our detailed analysis of REN support and resistance levels.