EPA:RNO - Euronext Paris - Matif - FR0000131906 - Common Stock - Currency: EUR
Taking everything into account, RNO scores 0 out of 10 in our technical rating. RNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, RNO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RNO in the last couple of days, which is a good sign.
38.02
We found 1 important support area.
When analyzing the resistance we notice 5 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 RNO.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNO.PA is down. |
ChartMill Relative Strength | 8.84 | NEGATIVE | RNO.PA has a low relative strength, it was outperformed by 91.16% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNO.PA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNO.PA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of RNO.PA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 37.96 | NEUTRAL | The RSI value for RNO.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RNO.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 20.51 | NEUTRAL | The Stochastics value for RNO.PA is a neutral value. |
Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for RNO.PA suggests some volalility. |
Average Directional Index/ADX (14) | 35.07 | POSITIVE | The high ADX value value for RNO.PA suggests a strong trend. |
EPA:RNO (6/27/2025, 7:00:00 PM)
40.09
+1.07 (+2.74%)