HARBOR ENERGY TRANSITION ST (RENW) Stock Technical Analysis
USA - NYSEARCA:RENW - US41151J8027 - ETF
Overall RENW gets a technical rating of 2 out of 10. RENW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of RENW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.49
When analyzing the support we notice one important area.
- Strong support @12.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @12.71 from a trend line in the daily time frame.
- A resistance zone ranging from 13.07 to 13.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 RENW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RENW is neutral. |
| ChartMill Relative Strength | 45.21 | NEUTRAL | RENW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RENW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RENW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RENW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.46 | NEUTRAL | The RSI value for RENW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RENW has a negative trend. |
| Stochastics (14,3) | 15.48 | OVERSOLD | The low Stochastics value suggests RENW may be oversold. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for RENW suggests low volalility. |
| Average Directional Index/ADX (14) | 9.17 | NEGATIVE | The low ADX value for RENW suggests a weak or negative trend. |
NYSEARCA:RENW (12/13/2024, 4:10:00 PM)
12.665
-0.56 (-4.27%)
HARBOR ENERGY TRANSITION ST / RENW FAQ
Can you provide the ChartMill technical rating for HARBOR ENERGY TRANSITION ST?
ChartMill assigns a technical rating of 2 / 10 to RENW.
Can you provide the trend direction for HARBOR ENERGY TRANSITION ST?
The current trend direction for HARBOR ENERGY TRANSITION ST (RENW) is Bearish.
Can you provide the RSI signal for HARBOR ENERGY TRANSITION ST?
HARBOR ENERGY TRANSITION ST (RENW) has an RSI value of 32.4612. This indicates that the stock is currently neutral.
What is the MACD signal for RENW stock?
The MACD indicator for HARBOR ENERGY TRANSITION ST (RENW) has a value of -0.0607517, indicating a bearish trend.
Can you provide the short term momentum for HARBOR ENERGY TRANSITION ST?
The short term momentum for HARBOR ENERGY TRANSITION ST (RENW) is neutral.