RESOLUTE ENERGY CORP (REN) Stock Technical Analysis
NYSE:REN - New York Stock Exchange, Inc. -
Overall REN gets a technical rating of 2 out of 10. REN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, REN is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month REN has a been trading in the 30.80 - 33.45 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
REN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REN is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, REN does present a nice setup opportunity. 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
36.25
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.
We can see 3 important resistance areas.
- 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. |
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)
30.91
-0.23 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week-1.87%
2 Weeks-2.92%
1 Month-7.32%
3 Month-13.08%
6 Month-6.22%
12 Month-7.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%2.48%
ATR Inc9.53%
Range Today1.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.73
Mansfield-0.66
10 Day High32.8
10 Day Low30.8
20 Day High33.45
20 Day Low30.8
52 Week High39.28
52 Week Low24.6
CS1 End30.9
CR1 Start31.1
Volume & EV
DER(3)-5.26%
DER(5)-5.73%
Volume3.28M
Volume Incr192.32%
Vol(5)943.10K
Vol(50)372.81K