RENASANT CORP (RNST) Technical Analysis
NYSE:RNST • US75970E1073
Current stock price
RNST Technical Rating and Analysis
Overall RNST gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RNST is only an average performer.
- The long and short term trends are both positive. This is looking good!
- RNST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RNST is lagging the market slightly.
- RNST is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When comparing the performance of all stocks over the past year, RNST turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- RNST is part of the Banks industry. There are 376 other stocks in this industry, RNST did better than 54% of them.
RNST Weekly and Daily overview Charts
RNST Setup Rating and Analysis
RNST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
RNST Support and Resistance Analysis
28.01
4 important support areas can be observed.
- A support zone ranging from 37.96 to 38.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.38 to 35.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.62 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 41.80 to 41.81. 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 | UP | POSITIVE | The long term trend for RNST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RNST is up. |
| ChartMill Relative Strength | 66.57 | NEUTRAL | RNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RNST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.49 | NEUTRAL | The RSI value for RNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RNST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.64 | NEUTRAL | The Stochastics value for RNST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for RNST suggests some volalility. |
| Average Directional Index/ADX (14) | 25.95 | 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
39.35
-0.63 (-1.58%)
RENASANT CORP / RNST TA FAQ
What is the ChartMill technical rating of RENASANT CORP (RNST) stock?
ChartMill assigns a technical rating of 7 / 10 to RNST.
Can you provide the trend direction for RENASANT CORP?
The current trend direction for RENASANT CORP (RNST) is Bullish.
What is the RSI signal for RENASANT CORP (RNST) stock?
RENASANT CORP (RNST) has an RSI value of 56.4944. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RENASANT CORP?
The short term momentum for RENASANT CORP (RNST) is positive.
What is the support and resistance level for RNST stock?
RENASANT CORP (RNST) has a support level at 38.59 and a resistance level at 41.8. Check the full technical report for our detailed analysis of RNST support and resistance levels.