We assign a technical rating of 4 out of 10 to REYN. In the last year, REYN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, REYN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.96, a Stop Loss order could be placed below this zone.
20.85
We found 4 important support areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for REYN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REYN is neutral. |
| ChartMill Relative Strength | 36.98 | NEUTRAL | REYN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of REYN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REYN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of REYN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.41 | NEUTRAL | The RSI value for REYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests REYN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.27 | NEUTRAL | The Stochastics value for REYN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for REYN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for REYN suggests a weak or negative trend. |
24.29
+0.56 (+2.36%)
ChartMill assigns a technical rating of 4 / 10 to REYN.
The current trend direction for REYNOLDS CONSUMER PRODUCTS I (REYN) is Bearish.
REYNOLDS CONSUMER PRODUCTS I (REYN) has an RSI value of 51.4104. This indicates that the stock is currently neutral.
The MACD indicator for REYNOLDS CONSUMER PRODUCTS I (REYN) has a value of -0.108252, indicating a bearish trend.