EMERGING MARKETS EQTY SELECT (RNEM) Stock Technical Analysis
USA - NASDAQ:RNEM - US33738R7796 - ETF
53.9818 USD
-0.14 (-0.26%)
Taking everything into account, RNEM scores 1 out of 10 in our technical rating. In the last year, RNEM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
68% of all other stocks performed better in the past year than RNEM.
Warning: RNEM has an average volume of 1342 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RNEM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RNEM is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month RNEM has a been trading in a tight range between 53.92 and 56.38.
Considerably lower volume is observed in the last couple of days.
RNEM has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
47.74
56.69
2 important support areas can be observed.
- A support zone ranging from 53.93 to 53.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @48.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.20 to 56.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 RNEM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNEM is down. |
| ChartMill Relative Strength | 32.6 | NEUTRAL | RNEM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.96 | NEUTRAL | The RSI value for RNEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RNEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.24 | OVERSOLD | The low Stochastics value suggests RNEM may be oversold. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for RNEM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for RNEM suggests a weak or negative 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)
NASDAQ:RNEM (10/7/2025, 8:00:01 PM)
53.9818
-0.14 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week-0.16%
2 Weeks-2.18%
1 Month-1.3%
3 Month-1.96%
6 Month8.2%
12 Month-0.24%
2 Year16.49%
3 Year36.08%
5 Year31.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%0.82%
ATR Inc-73.69%
Range Today0.15
ADR(20)0.33
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.6
Mansfield-0.8
10 Day High56.38
10 Day Low53.92
20 Day High56.38
20 Day Low53.92
52 Week High57.82
52 Week Low44.04
CS1 End53.93
CR1 Start54.2
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-69.65%
Vol(5)780
Vol(50)1.34K