RENASANT CORP (RNST) Stock Technical Analysis
USA - NYSE:RNST - US75970E1073 - Common Stock
38.8 USD
+1.06 (+2.81%)
38.8 USD
0 (0%)
We assign a technical rating of 7 out of 10 to RNST. Both in the recent history as in the last year, RNST has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that RNST is one of the better performing stocks in the market, outperforming 70% of all stocks.
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.
In the last month RNST has a been trading in the 36.96 - 40.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RNST is an average performer in the Banks industry, it outperforms 60% of 392 stocks in the same industry.
RNST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
28.01
40.18
We found 4 important support areas.
- A support zone ranging from 36.40 to 36.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.51 to 35.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.63 to 34.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.95 to 39.78. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RNST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNST is neutral. |
| ChartMill Relative Strength | 70.29 | POSITIVE | RNST has a high relative strength, it outperformed 70.29% off all stocks 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) | UP | POSITIVE | The current price of RNST is above the rising 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) | 54.05 | NEUTRAL | The RSI value for RNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests RNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for RNST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for RNST suggests some volalility. |
| Average Directional Index/ADX (14) | 16.41 | NEGATIVE | The low ADX value for RNST suggests a weak or negative trend. |
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)
38.8
+1.06 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.81%
1 Week1.54%
2 Weeks-2.44%
1 Month3.25%
3 Month12.5%
6 Month10.7%
12 Month16.17%
2 Year48.15%
3 Year24.04%
5 Year70.77%
10 Year18.11%
15 Year155.1%
Volatility
ATR(14)0.95
ATR(20)%2.42%
ATR Inc34.63%
Range Today1.06
ADR(20)0.89
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.29
Mansfield-0.18
10 Day High40.4
10 Day Low37.1
20 Day High40.4
20 Day Low36.96
52 Week High40.4
52 Week Low26.97
CS1 End36.81
CR1 Start38.95
Volume & EV
DER(3)2.05%
DER(5)1.5%
Volume474.60K
Volume Incr7.11%
Vol(5)554.22K
Vol(50)570.23K