ATRENEW INC (RERE) Stock Technical Analysis
NYSE:RERE - US00138L1089 - ADR
4.25 USD
-0.42 (-8.99%)
4.45 USD
+0.2 (+4.71%)
Taking everything into account, RERE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RERE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
RERE is part of the Specialty Retail industry. There are 123 other stocks in this industry. RERE outperforms 90% of them.
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.
RERE has an average volume of 3251170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RERE did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month RERE has a been trading in the 3.45 - 4.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
2.12
4.79
When analyzing the support we can see 5 important areas.
- Support @3.51 from a trend line in the daily time frame.
- Support @3.45 from a trend line in the weekly time frame.
- Support @2.48 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 4.73 to 4.74. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for RERE is up. |
| ChartMill Relative Strength | 94.58 | POSITIVE | RERE has a high relative strength, it outperformed 94.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RERE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RERE is above the rising 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) | 51.02 | NEUTRAL | The RSI value for RERE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RERE has a negative trend. |
| Stochastics (14,3) | 53.99 | NEUTRAL | The Stochastics value for RERE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for RERE suggests high volalility. |
| Average Directional Index/ADX (14) | 39.95 | POSITIVE | The high ADX value value for RERE suggests a strong 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)
4.25
-0.42 (-8.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-8.99%
1 Week-10.15%
2 Weeks-6.8%
1 Month24.63%
3 Month71.37%
6 Month26.11%
12 Month69.32%
2 Year86.4%
3 Year84.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%8.15%
ATR Inc-18.49%
Range Today0.4
ADR(20)0.33
ADR(20)%7.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.58
Mansfield3.14
10 Day High4.89
10 Day Low4.22
20 Day High4.93
20 Day Low3.45
52 Week High4.93
52 Week Low2
CS1 End3.51
CR1 Start4.73
Volume & EV
DER(3)0.31%
DER(5)0.99%
Volume2.77M
Volume Incr-46.33%
Vol(5)1.94M
Vol(50)3.25M