Overall REYN gets a technical rating of 0 out of 10. REYN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, REYN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.82, a Stop Loss order could be placed below this zone.
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22.59
When analyzing the support we notice one important area.
- Support @22.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 23.50 to 23.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.11 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.83 to 24.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.56 to 25.56. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for REYN is down. |
| ChartMill Relative Strength | 23.54 | NEGATIVE | REYN has a low relative strength, it was outperformed by 76.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REYN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REYN is below a declining 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) | 39.97 | NEUTRAL | The RSI value for REYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests REYN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.74 | OVERSOLD | The low Stochastics value suggests REYN may be oversold. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for REYN suggests low volalility. |
| Average Directional Index/ADX (14) | 29.4 | POSITIVE | The high ADX value value for REYN suggests a strong trend. |
23.04
+0.05 (+0.22%)
REYNOLDS CONSUMER PRODUCTS I / REYN FAQ
What is the technical rating for REYN stock?
ChartMill assigns a technical rating of 0 / 10 to REYN.
Can you provide the trend direction for REYNOLDS CONSUMER PRODUCTS I?
The current trend direction for REYNOLDS CONSUMER PRODUCTS I (REYN) is Bearish.
What is the RSI signal for REYN stock?
REYNOLDS CONSUMER PRODUCTS I (REYN) has an RSI value of 39.9692. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REYNOLDS CONSUMER PRODUCTS I?
The MACD indicator for REYNOLDS CONSUMER PRODUCTS I (REYN) has a value of -0.0637298, indicating a bearish trend.
What are the support and resistance levels for REYNOLDS CONSUMER PRODUCTS I (REYN) stock?
REYNOLDS CONSUMER PRODUCTS I (REYN) has a support level at 22.82 and a resistance level at 23.5. Check the full technical report for our detailed analysis of REYN support and resistance levels.