REYN Technical Analysis - REYNOLDS CONSUMER PRODUCTS I

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to REYN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, REYN is a bad performer.

70% of all other stocks performed better in the past year than REYN.

The long and short term trends are both positive. This is looking good!

REYN is one of the better performing stocks in the Household Products industry, it outperforms 90% of 12 stocks in the same industry.

In the last month REYN has a been trading in the 22.49 - 24.88 range, which is quite wide. It is currently trading near the high of this range.

REYN has an average volume of 1307650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

REYN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REYN is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

REYNOLDS CONSUMER PRODUCTS I / REYN Weekly stock chart

REYNOLDS CONSUMER PRODUCTS I / REYN Daily stock chart

Setup Rating and Analysis

Although REYN has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.27

25.09

2 important support areas can be observed.

A support zone ranging from 22.63 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @21.48 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 24.84 to 24.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for REYN is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for REYN is up.
ChartMill Relative Strength	30.46	NEUTRAL	REYN is not amongst the best or worst performers 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	MIXED	The current price of REYN is above a declining SMA(200).
Relative Strength Index/RSI (14)	67.11	NEUTRAL	The RSI value for REYN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests REYN has a positive trend, although the MACD value is declining.
Stochastics (14,3)	91	OVERBOUGHT	The high Stochastics value suggests REYN may be overbought.
Average True Range in percent/ATR (20)	2.1	MEDIUM VOLATILITY	The ATR as a percentage value for REYN suggests some volalility.
Average Directional Index/ADX (14)	28.71	POSITIVE	The high ADX value value for REYN suggests a strong trend.