RESOLUTE ENERGY CORP (REN) Technical Analysis
NYSE:REN
Current stock price
REN Technical Rating and Analysis
Taking everything into account, REN scores 2 out of 10 in our technical rating. 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.
- 78% of all other stocks performed better in the past year than REN.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
REN Weekly and Daily overview Charts
REN Setup Rating and Analysis
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
REN Support and Resistance Analysis
26.48
We found 3 important support areas.
- 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.
REN Technical Indicator Signal Analysis
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. |
REN Chart- and CandleStick Pattern Analysis
REN Technicals: Chart, Performance Metrics, Trend & Indicators
30.91
-0.23 (-0.74%)
RESOLUTE ENERGY CORP / REN TA FAQ
Can you provide the ChartMill technical rating for RESOLUTE ENERGY CORP?
ChartMill assigns a technical rating of 2 / 10 to REN.
What is the trend direction for REN stock?
The current trend direction for RESOLUTE ENERGY CORP (REN) is Bearish.
What is the RSI signal for REN stock?
RESOLUTE ENERGY CORP (REN) has an RSI value of 39.4777. This indicates that the stock is currently neutral.
What are the support and resistance levels for RESOLUTE ENERGY CORP (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.