RETO ECO-SOLUTIONS INC-A (RETO) Technical Analysis
NASDAQ:RETO • VGG752711330
Current stock price
RETO Technical Rating and Analysis
Overall RETO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RETO was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, RETO is a bad performer in the overall market: 93% of all stocks are doing better.
- RETO is part of the Construction Materials industry. There are 13 other stocks in this industry, of which 100% are performing better than RETO.
- RETO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RETO has a been trading in the 0.57 - 1.57 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.
- RETO has an average volume of 1374400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RETO Weekly and Daily overview Charts
RETO Setup Rating and Analysis
RETO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RETO Support and Resistance Analysis
RETO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for RETO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RETO is up. |
| ChartMill Relative Strength | 7.42 | NEGATIVE | RETO has a low relative strength, it was outperformed by 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RETO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RETO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RETO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.03 | OVERBOUGHT | The high RSI value suggests RETO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RETO has a positive trend. |
| Stochastics (14,3) | 70.47 | NEUTRAL | The Stochastics value for RETO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for RETO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for RETO suggests a possible start of a new trend. |
RETO Chart- and CandleStick Pattern Analysis
RETO Technicals: Chart, Performance Metrics, Trend & Indicators
1.44
+0.36 (+33.33%)
RETO ECO-SOLUTIONS INC-A / RETO TA FAQ
What is the technical rating for RETO stock?
ChartMill assigns a technical rating of 4 / 10 to RETO.
What is the current trend direction of RETO ECO-SOLUTIONS INC-A (RETO) stock?
The current trend direction for RETO ECO-SOLUTIONS INC-A (RETO) is Bearish.
Can you provide the RSI signal for RETO ECO-SOLUTIONS INC-A?
RETO ECO-SOLUTIONS INC-A (RETO) has an RSI value of 73.0276. This indicates that the stock is currently overbought.
Can you provide the MACD signal for RETO ECO-SOLUTIONS INC-A?
The MACD indicator for RETO ECO-SOLUTIONS INC-A (RETO) has a value of 0.0692521, indicating a bearish trend.
What is the buy/sell signal for RETO stock?
The buy/sell signal for RETO ECO-SOLUTIONS INC-A (RETO) is hold as the short term and long term trends are mixed.