RETO ECO-SOLUTIONS INC-A (RETO) Technical Analysis
NASDAQ:RETO • VGG752711330
Current stock price
RETO Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than RETO.
- RETO is part of the Construction Materials industry. There are 13 other stocks in this industry, of which 91% 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 0.53 - 0.86 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.
RETO Weekly and Daily overview Charts
RETO Setup Rating and Analysis
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
RETO Support and Resistance Analysis
0.63
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for RETO is down. |
| ChartMill Relative Strength | 1.65 | NEGATIVE | RETO has a low relative strength, it was outperformed by 98.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RETO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RETO is below a declining 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) | 39.16 | NEUTRAL | The RSI value for RETO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RETO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.58 | NEUTRAL | The Stochastics value for RETO is a neutral value. |
| Average True Range in percent/ATR (20) | 16.03 | HIGH VOLATILITY | The high ATR as a percentage value for RETO suggests high volalility. |
| Average Directional Index/ADX (14) | 10.08 | NEGATIVE | The low ADX value for RETO suggests a weak or negative trend. |
RETO Chart- and CandleStick Pattern Analysis
RETO Technicals: Chart, Performance Metrics, Trend & Indicators
0.6388
-0.07 (-10.02%)
RETO ECO-SOLUTIONS INC-A / RETO TA FAQ
What is the technical rating for RETO stock?
ChartMill assigns a technical rating of 1 / 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 39.1595. This indicates that the stock is currently neutral.
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 0.000599556, 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 sell as both the short term and long term trends are negative.