RENAULT SA (RNO.PA)
FR0000131906 - Common Stock
We assign a technical rating of 10 out of 10 to RNO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RNO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RNO is one of the better performing stocks in the market, outperforming 97% of all stocks.
RNO is one of the better performing stocks in the Automobiles industry, it outperforms 100% of 29 stocks in the same industry.
RNO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RNO is performing more or less in line with the market.
RNO 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.
RNO has an average volume of 1272960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RNO also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.72, a Stop Loss order could be placed below this zone.
More info and screens
32.47
51.12
5 important support areas can be observed.
- A support zone ranging from 47.46 to 48.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.59 from a trend line in the daily time frame.
- Support @36.33 from a trend line in the weekly time frame.
- Support @34.30 from a horizontal line in the daily time frame.
- A support zone ranging from 32.80 to 33.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.19 to 50.61. 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
CRS97.46
Mansfield1.62
10 Day High51.26
10 Day Low46.41
20 Day High51.84
20 Day Low46.01
52 Week High51.84
52 Week Low31.19
Performance
1 Week-1.68%
2 Weeks-4.57%
1 Month2.56%
3 Month39.72%
6 Month47.94%
12 Month42.73%
2 Year103.61%
3 Year43.18%
5 Year-21.08%
10 Year-31.58%
15 Year95.36%
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)-0.52
RSI(14)56.34
LBB46.78
UBB51.33
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.75 | 47.45 | 1.30 (2.67%) | 25.00% |
| An entry @48.75. This is a Buy Stop order right above the resistance zone. | An exit @47.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.30 points, which is 2.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of RNO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RENAULT SA
EPA:RNO (4/26/2024, 4:25:11 PM)
48.85
+0.85 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.77%
1 Week-1.68%
2 Weeks-4.57%
1 Month2.56%
3 Month39.72%
6 Month47.94%
12 Month42.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.53
ATR(20)%3.09%
ATR Inc
Range Today1.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High51.26
10 Day Low46.41
20 Day High51.84
20 Day Low46.01
52 Week High51.84
52 Week Low31.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume248.87K
Volume Incr9.59%
Vol(5)1.35M
Vol(50)1.27M