REDES ENERGETICAS NACIONAIS (RENE.LS)
PTREL0AM0008 - Common Stock
Overall RENE gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RENE was also a bad performer in the overall market in the last year.
83% of all other stocks performed better in the past year than RENE.
RENE is part of the Multi-Utilities industry. There are 13 other stocks in this industry, of which 91% are performing better than RENE.
RENE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RENE is lagging the market.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RENE has a been trading in a tight range between 2.17 and 2.25.
RENE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.11
2.55
2 important support areas can be observed.
- A support zone ranging from 2.17 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.13 to 2.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.29 from a trend line in the weekly time frame.
- Resistance @2.38 from a trend line in the daily time frame.
- A resistance zone ranging from 2.45 to 2.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.52 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.38
Mansfield-1.57
10 Day High2.25
10 Day Low2.17
20 Day High2.25
20 Day Low2.17
52 Week High2.64
52 Week Low2.12
Performance
1 Week1.14%
2 Weeks0.45%
1 Month1.37%
3 Month-1.55%
6 Month-8.62%
12 Month-15.56%
2 Year-23.01%
3 Year-8.62%
5 Year-12.75%
10 Year-17.84%
15 Year-29.05%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.79
LBB2.17
UBB2.25
REDES ENERGETICAS NACIONAIS
ELI:RENE (4/26/2024, 10:02:01 AM)
2.228
+0 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.13%
1 Week1.14%
2 Weeks0.45%
1 Month1.37%
3 Month-1.55%
6 Month-8.62%
12 Month-15.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%1.08%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.25
10 Day Low2.17
20 Day High2.25
20 Day Low2.17
52 Week High2.64
52 Week Low2.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.40K
Volume Incr7.48%
Vol(5)859.96K
Vol(50)936.61K