BIT:RN - IT0001402269 - Common Stock
Overall RN gets a technical rating of 2 out of 10. In the past year, RN 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.
The technical rating of RN 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.
0.02
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 RN.MI is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RN.MI is up. |
ChartMill Relative Strength | 14.34 | NEGATIVE | RN.MI has a low relative strength, it was outperformed by 85.66% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RN.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RN.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RN.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for RN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RN.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 64.44 | NEUTRAL | The Stochastics value for RN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for RN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for RN.MI suggests a weak or negative trend. |
BIT:RN (9/4/2025, 11:44:30 AM)
0.021
+0 (+0.96%)