ATRENEW INC (RERE)

US00138L1089 - ADR

2.7  -0.13 (-4.59%)

Technical Rating and Analysis

9

Overall RERE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RERE is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
RERE is one of the better performing stocks in the Specialty Retail industry, it outperforms 93% of 125 stocks in the same industry.
RERE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RERE is lagging the market slightly.
In the last month RERE has a been trading in the 1.53 - 3.02 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RERE has an average volume of 1453670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RERE is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
RERE Weekly chart
RERE Daily chart
Setup Rating and Analysis

3

Although RERE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.75

2.95

When analyzing the support we notice one important area.

  • Support @1.77 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.82 to 2.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.92 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.77
Mansfield2.2
10 Day High3.03
10 Day Low2.19
20 Day High3.03
20 Day Low1.53
52 Week High3.3
52 Week Low1.01
Performance
1 Week7.6%
2 Weeks25.22%
1 Month79.11%
3 Month157.27%
6 Month70.48%
12 Month-3.74%
2 Year-5.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.05
RSI(14)70.26
LBB1.94
UBB3.12
RERE Daily chart

ATRENEW INC

NYSE:RERE (5/20/2024, 9:52:09 AM)

2.7

-0.13 (-4.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-4.59%
1 Week7.6%
2 Weeks25.22%
1 Month79.11%
3 Month157.27%
6 Month70.48%
12 Month-3.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%8.2%
ATR Inc
Range Today0.27
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 High3.03
10 Day Low2.19
20 Day High3.03
20 Day Low1.53
52 Week High3.3
52 Week Low1.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.37M
Volume Incr62.72%
Vol(5)2.30M
Vol(50)1.45M