ATRENEW INC (RERE) Stock Technical Analysis
USA - NYSE:RERE - US00138L1089 - ADR
4.1 USD
+0.03 (+0.74%)
4.09 USD
-0.01 (-0.24%)
Taking everything into account, RERE scores 6 out of 10 in our technical rating. In the last year, RERE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RERE is one of the better performing stocks in the Specialty Retail industry, it outperforms 84% of 122 stocks in the same industry.
RERE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RERE is performing more or less in line with the market.
RERE has an average volume of 1522470 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 85% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month RERE has a been trading in the 3.66 - 4.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RERE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.09, a Stop Loss order could be placed below this zone.
More info and screens
2.12
4.25
6 important support areas can be observed.
- A support zone ranging from 3.96 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.74 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.67 from a trend line in the weekly time frame.
- Support @2.47 from a trend line in the weekly time frame.
- Support @2.20 from a horizontal line in the weekly time frame.
- Support @2.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.12 to 4.21. 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 | UP | POSITIVE | The long term trend for RERE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RERE is neutral. |
| ChartMill Relative Strength | 85.84 | POSITIVE | RERE has a high relative strength, it outperformed 85.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RERE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RERE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RERE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.59 | NEUTRAL | The RSI value for RERE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RERE has a positive trend. |
| Stochastics (14,3) | 44.74 | NEUTRAL | The Stochastics value for RERE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for RERE suggests high volalility. |
| Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for RERE suggests a weak or negative trend. |
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)
4.1
+0.03 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.74%
1 Week-0.24%
2 Weeks3.8%
1 Month0.24%
3 Month-9.89%
6 Month56.49%
12 Month44.88%
2 Year129.05%
3 Year138.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.14%
ATR Inc118.6%
Range Today0.32
ADR(20)0.2
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.84
3 months CRS24.65
6 months CRS92.12
Mansfield1.61
10 Day High4.45
10 Day Low3.96
20 Day High4.45
20 Day Low3.66
52 Week High4.93
52 Week Low2
CS1 End4.09
CR1 Start4.12
Volume & EV
DER(3)0.94%
DER(5)1.21%
Volume1.80M
Volume Incr63.79%
Vol(5)2.06M
Vol(50)1.52M
ATRENEW INC / RERE FAQ
What is the technical rating for RERE stock?
ChartMill assigns a technical rating of 6 / 10 to RERE.
What is the current trend direction of ATRENEW INC (RERE) stock?
The current trend direction for ATRENEW INC (RERE) is Bullish.
What is the RSI signal for RERE stock?
ATRENEW INC (RERE) has an RSI value of 52.5855. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATRENEW INC?
The MACD indicator for ATRENEW INC (RERE) has a value of 0.0200719, indicating a bearish trend.