RENAISSANCERE HOLDINGS LTD (RNR) Stock Technical Analysis
NYSE:RNR - New York Stock Exchange, Inc. - BMG7496G1033 - Common Stock - Currency: USD
Taking everything into account, RNR scores 4 out of 10 in our technical rating. RNR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, RNR 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 244.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 244.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
224.27
We found 2 important support areas.
- A support zone ranging from 237.63 to 244.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 226.54 to 226.55. 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 244.62 to 253.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for RNR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNR is neutral. |
| ChartMill Relative Strength | 57.74 | NEUTRAL | RNR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RNR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for RNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests RNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.8 | NEUTRAL | The Stochastics value for RNR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for RNR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.37 | NEGATIVE | The low ADX value for RNR suggests a weak or negative trend. |
NYSE:RNR (6/24/2025, 11:16:06 AM)
244.47
-0.43 (-0.18%)