RETO ECO-SOLUTIONS INC (RETO)
VGG752711256 - Common Stock
Taking everything into account, RETO scores 1 out of 10 in our technical rating. RETO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RETO is a bad performer in the overall market: 100% of all stocks are doing better.
RETO is part of the Construction Materials industry. There are 12 other stocks in this industry, of which 90% are performing better than RETO.
RETO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RETO is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month RETO has a been trading in the 0.85 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RETO is bad and it also does not present a 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
1.28
1.65
When analyzing the resistance we notice 2 important areas.
- Resistance @1.49 from a trend line in the weekly time frame.
- Resistance @1.63 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.53
Mansfield-8.76
10 Day High1.4
10 Day Low0.87
20 Day High1.9
20 Day Low0.86
52 Week High73.6
52 Week Low0.86
Performance
1 Week36.42%
2 Weeks31.63%
1 Month11.21%
3 Month-63.35%
6 Month-81.54%
12 Month-95.02%
2 Year-98.21%
3 Year-98.84%
5 Year-99.24%
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)0.08
RSI(14)49.82
LBB0.79
UBB1.34
RETO ECO-SOLUTIONS INC
NASDAQ:RETO (5/1/2024, 7:19:24 PM)
1.29
+0.07 (+5.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg5.74%
1 Week36.42%
2 Weeks31.63%
1 Month11.21%
3 Month-63.35%
6 Month-81.54%
12 Month-95.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%14.89%
ATR Inc
Range Today0.2
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 High1.4
10 Day Low0.87
20 Day High1.9
20 Day Low0.86
52 Week High73.6
52 Week Low0.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume173.10K
Volume Incr-45.84%
Vol(5)117.02K
Vol(50)193.64K