RENAISSANCERE HOLDINGS LTD (RNR)

BMG7496G1033 - Common Stock

258.27  -1.64 (-0.63%)

After market: 258.27 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, RNR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RNR has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 RNR is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by RNR over the past year are nicely spread over this period.
RNR 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 RNR is leading the market.
In the last month RNR has a been trading in the 231.42 - 261.62 range, which is quite wide. It is currently trading near the high of this range.
RNR is an average performer in the Insurance industry, it outperforms 65% of 141 stocks in the same industry.
Weekly and Daily overview Charts
RNR Weekly chart
RNR Daily chart
Setup Rating and Analysis

4

Although RNR 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.

Support and Resistance Analysis

211.44

262.52

We found 3 important support areas.

  • Support @243.25 from a trend line in the daily time frame.
  • Strong support @228.61 from a horizontal line in the daily time frame.
  • A support zone ranging from 213.58 to 220.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 258.28 to 259.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.05
Mansfield0.78
10 Day High261.62
10 Day Low248.05
20 Day High261.62
20 Day Low231.42
52 Week High261.62
52 Week Low188.24
Performance
1 Week0.32%
2 Weeks4.46%
1 Month10.96%
3 Month13.31%
6 Month12.12%
12 Month31.27%
2 Year83.97%
3 Year85.27%
5 Year33.51%
10 Year158.3%
15 Year371.64%
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)0.61
RSI(14)71.08
LBB242.03
UBB263.29
RNR Daily chart

RENAISSANCERE HOLDINGS LTD

NYSE:RNR (9/6/2024, 8:04:00 PM)

After market: 258.27 0 (0%)

258.27

-1.64 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.63%
1 Week0.32%
2 Weeks4.46%
1 Month10.96%
3 Month13.31%
6 Month12.12%
12 Month31.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.17
ATR(20)%1.58%
ATR Inc
Range Today2.96
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 High261.62
10 Day Low248.05
20 Day High261.62
20 Day Low231.42
52 Week High261.62
52 Week Low188.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume221.90K
Volume Incr-4.62%
Vol(5)265.66K
Vol(50)325.11K