RENASANT CORP (RNST) Technical Analysis
NYSE:RNST • US75970E1073
Current stock price
RNST Technical Rating and Analysis
Overall RNST gets a technical rating of 0 out of 10. RNST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 64% of all other stocks performed better in the past year than RNST.
- RNST is one of the lesser performing stocks in the Banks industry. 75% of 381 stocks in the same industry do better.
- In the last month RNST has a been trading in the 33.90 - 40.69 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- RNST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RNST is lagging the market slightly.
RNST Weekly and Daily overview Charts
RNST Setup Rating and Analysis
RNST has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
RNST Support and Resistance Analysis
28.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.31 to 34.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.39 to 33.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.82 to 35.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
RNST Technical Indicator Signal Analysis
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 RNST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNST is down. |
| ChartMill Relative Strength | 36.22 | NEUTRAL | RNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.97 | NEUTRAL | The RSI value for RNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.32 | OVERSOLD | The low Stochastics value suggests RNST may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for RNST suggests some volalility. |
| Average Directional Index/ADX (14) | 30.11 | POSITIVE | The high ADX value value for RNST suggests a strong trend. |
RNST Chart- and CandleStick Pattern Analysis
RNST Technicals: Chart, Performance Metrics, Trend & Indicators
34.81
+0.14 (+0.4%)
RENASANT CORP / RNST TA FAQ
What is the ChartMill technical rating of RENASANT CORP (RNST) stock?
ChartMill assigns a technical rating of 0 / 10 to RNST.
What is the trend direction for RNST stock?
The current trend direction for RENASANT CORP (RNST) is Bearish.
What is the RSI signal for RNST stock?
RENASANT CORP (RNST) has an RSI value of 31.9707. This indicates that the stock is currently neutral.
What is the MACD signal for RENASANT CORP (RNST) stock?
The MACD indicator for RENASANT CORP (RNST) has a value of -0.316694, indicating a bearish trend.