EMERGING MARKETS EQTY SELECT (RNEM) Stock Technical Analysis
NASDAQ:RNEM - Nasdaq - US33738R7796 - ETF - Currency: USD
Taking everything into account, RNEM scores 8 out of 10 in our technical rating. Although RNEM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: RNEM has an average volume of 2150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
RNEM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RNEM is leading the market.
RNEM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that RNEM is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although RNEM has an excellent technical rating, the quality of the presented setup is not ideal 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
46.89
56.15
We found 2 important support areas.
- A support zone ranging from 51.98 to 52.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.36 to 48.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.49 to 55.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.62
Mansfield0.33
10 Day High55.25
10 Day Low53.08
20 Day High55.25
20 Day Low52.09
52 Week High55.7
52 Week Low44.04
Performance
1 Week0.11%
2 Weeks2.88%
1 Month5.92%
3 Month7.93%
6 Month7.15%
12 Month3.36%
2 Year18.25%
3 Year18.05%
5 Year35.62%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)64.1
LBB53.09
UBB55.72
NASDAQ:RNEM (5/21/2025, 8:00:01 PM)
55.01
+0.25 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.46%
1 Week0.11%
2 Weeks2.88%
1 Month5.92%
3 Month7.93%
6 Month7.15%
12 Month3.36%
2 Year18.25%
3 Year18.05%
5 Year35.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%0.8%
ATR Inc21.13%
Range Today0.58
ADR(20)0.18
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.62
Mansfield0.33
10 Day High55.25
10 Day Low53.08
20 Day High55.25
20 Day Low52.09
52 Week High55.7
52 Week Low44.04
CS1 End52.5
CR1 Start55.49
Volume & EV
DER(3)0.45%
DER(5)0.27%
Volume7.40K
Volume Incr107.11%
Vol(5)2.04K
Vol(50)2.15K