REYNOLDS CONSUMER PRODUCTS I (REYN) Stock Technical Analysis
NASDAQ:REYN - Nasdaq - US76171L1061 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to REYN. In the past year, REYN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, REYN is a bad performer in the overall market: 84% of all stocks are doing better.
REYN is part of the Household Products industry. There are 12 other stocks in this industry, of which 90% are performing better than REYN.
REYN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
REYN has an average volume of 1443630 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.
In the last month REYN has a been trading in the 21.38 - 23.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
REYN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for REYN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.85
24.14
We found 2 important support areas.
- A support zone ranging from 21.48 to 22.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.06 to 21.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.85 to 22.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.90 from a horizontal line in the daily time frame.
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 REYN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REYN is up. |
| ChartMill Relative Strength | 16.56 | NEGATIVE | REYN has a low relative strength, it was outperformed by 83.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REYN is above 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 | NEGATIVE | The current price of REYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.29 | NEUTRAL | The RSI value for REYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests REYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.63 | NEUTRAL | The Stochastics value for REYN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for REYN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for REYN suggests a possible start of a new 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)
22.67
+0.13 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg0.58%
1 Week2.64%
2 Weeks3.63%
1 Month3.54%
3 Month-2.47%
6 Month-5.85%
12 Month-25.24%
2 Year-17.41%
3 Year-19.3%
5 Year-32.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.17%
ATR Inc-3.86%
Range Today0.22
ADR(20)0.48
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.56
Mansfield-1.93
10 Day High23.18
10 Day Low21.38
20 Day High23.18
20 Day Low21.38
52 Week High32.65
52 Week Low20.91
CS1 End22.33
CR1 Start22.85
Volume & EV
DER(3)0.29%
DER(5)3.08%
Volume586.44K
Volume Incr-29.9%
Vol(5)944.52K
Vol(50)1.44M