USA - NYSE:REN -
Taking everything into account, REN scores 2 out of 10 in our technical rating. 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.
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.
26.48
When analyzing the support we can see 3 important areas.
We can see 3 important resistance areas.
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%)