RENX ENTERPRISES CORP (RENX) Stock Technical Analysis
NASDAQ:RENX • US78637J2042
Overall RENX gets a technical rating of 2 out of 10. 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.
- 100% of all other stocks performed better in the past year than RENX.
- RENX is one of the lesser performing stocks in the Real Estate Management & Development industry. 95% of 62 stocks in the same industry do better.
- In the last month RENX has a been trading in the 0.11 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RENX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
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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) | UP | MIXED | The current price of RENX is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 44.27 | 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. |
| Stochastics (14,3) | 4.82 | OVERSOLD | The low Stochastics value suggests RENX may be oversold. |
| Average True Range in percent/ATR (20) | 30.97 | HIGH VOLATILITY | The high ATR as a percentage value for RENX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.99 | POSITIVE | The high ADX value value for RENX suggests a strong trend. |
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RENX ENTERPRISES CORP / RENX FAQ
What is the technical rating for RENX stock?
ChartMill assigns a technical rating of 2 / 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 44.2703. 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 -0.00436574, indicating a bearish trend.