COHEN & STEERS REIT AND PREF (RNP) Stock Technical Analysis
NYSE:RNP - New York Stock Exchange, Inc. - US19247X1000 - Currency: USD
Overall RNP gets a technical rating of 1 out of 10. RNP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, RNP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RNP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.72
When analyzing the support we notice one important area.
- A support zone ranging from 19.92 to 20.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.88 to 22.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.81 from a horizontal line in the weekly time frame.
NYSE:RNP (4/25/2025, 8:04:00 PM)
21
+0.04 (+0.19%)