RENX ENTERPRISES CORP (RENX) Technical Analysis
NASDAQ:RENX • US78637J2042
Current stock price
RENX Technical Rating and Analysis
Taking everything into account, RENX scores 1 out of 10 in our technical rating. In the last year, RENX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, RENX is a bad performer in the overall market: 100% of all stocks are doing better.
- RENX is one of the lesser performing stocks in the Real Estate Management & Development industry. 95% of 63 stocks in the same industry do better.
- In the last month RENX has a been trading in the 0.12 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
- RENX has an average volume of 36533900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
RENX Weekly and Daily overview Charts
RENX Setup Rating and Analysis
Although the technical rating is bad, RENX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
RENX Support and Resistance Analysis
0.14
2 important resistance areas can be observed.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.20 from a trend line in the daily time frame.
RENX 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 | UP | POSITIVE | The long term trend for RENX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RENX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RENX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RENX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RENX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.34 | NEUTRAL | The RSI value for RENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RENX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.06 | NEUTRAL | The Stochastics value for RENX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.94 | HIGH VOLATILITY | The high ATR as a percentage value for RENX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.94 | POSITIVE | The high ADX value value for RENX suggests a strong trend. |
RENX Chart- and CandleStick Pattern Analysis
RENX Technicals: Chart, Performance Metrics, Trend & Indicators
0.1407
+0.01 (+9.92%)
RENX ENTERPRISES CORP / RENX TA FAQ
What is the technical rating for RENX stock?
ChartMill assigns a technical rating of 1 / 10 to RENX.
What is the trend direction for RENX stock?
The current trend direction for RENX ENTERPRISES CORP (RENX) is Bullish.
What is the RSI signal for RENX stock?
RENX ENTERPRISES CORP (RENX) has an RSI value of 48.3437. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RENX ENTERPRISES CORP?
The MACD indicator for RENX ENTERPRISES CORP (RENX) has a value of -0.000322829, indicating a bearish trend.
Can you provide the support and resistance levels for RENX ENTERPRISES CORP?
RENX ENTERPRISES CORP (RENX) has a resistance level at 0.16. Check the full technical report for our detailed analysis of RENX support and resistance levels.