RENASANT CORP (RNST) Technical Analysis
NYSE:RNST • US75970E1073
Current stock price
RNST Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to RNST. RNST has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month RNST has a been trading in the 33.90 - 37.50 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, RNST outperforms 68% of them, which is more or less in line with the market.
- RNST is an average performer in the Banks industry, it outperforms 48% of 380 stocks in the same industry.
- 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
3 important support areas can be observed.
- A support zone ranging from 34.49 to 35.02. 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.
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 | NEUTRAL | NEUTRAL | The short term trend for RNST is neutral. |
| ChartMill Relative Strength | 68.27 | NEUTRAL | RNST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RNST is above 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) | UP | POSITIVE | The current price of RNST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.63 | NEUTRAL | The RSI value for RNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests RNST has a positive trend. |
| Stochastics (14,3) | 92.84 | OVERBOUGHT | The high Stochastics value suggests RNST may be overbought. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for RNST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for RNST suggests a possible start of a new trend. |
RNST Chart- and CandleStick Pattern Analysis
RNST Technicals: Chart, Performance Metrics, Trend & Indicators
37.03
+0.12 (+0.33%)
RENASANT CORP / RNST TA FAQ
What is the ChartMill technical rating of RENASANT CORP (RNST) stock?
ChartMill assigns a technical rating of 3 / 10 to RNST.
Can you provide the trend direction for RENASANT CORP?
The current trend direction for RENASANT CORP (RNST) is Bearish.
What is the RSI signal for RENASANT CORP (RNST) stock?
RENASANT CORP (RNST) has an RSI value of 53.6295. 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 neutral.
What is the support and resistance level for RNST stock?
RENASANT CORP (RNST) has a support level at 35.02. Check the full technical report for our detailed analysis of RNST support and resistance levels.