RENASANT CORP (RNST) Technical Analysis
NYSE:RNST • US75970E1073
Current stock price
RNST Technical Rating and Analysis
Taking everything into account, RNST scores 7 out of 10 in our technical rating. 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.
- In the last month RNST has a been trading in the 35.03 - 41.06 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, RNST outperforms 69% of them, which is more or less in line with the market.
- RNST is an average performer in the Banks industry, it outperforms 52% of 376 stocks in the same industry.
RNST Weekly and Daily overview Charts
RNST Setup Rating and Analysis
Besides having an excellent technical rating, RNST 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. There is very little resistance above the current price.
More info and screens
RNST Support and Resistance Analysis
28.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 38.01 to 38.09. 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.
- Support @33.62 from a horizontal line in the daily time frame.
- 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 | 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 | 69.44 | 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) | 60.61 | NEUTRAL | The RSI value for RNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests RNST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.7 | OVERBOUGHT | The high Stochastics value suggests RNST may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for RNST suggests some volalility. |
| Average Directional Index/ADX (14) | 27.38 | POSITIVE | The high ADX value value for RNST suggests a strong trend. |
RNST Chart- and CandleStick Pattern Analysis
RNST Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.07 | 38.52 | 2.55 (6.21%) | 16.11% |
| An entry @41.07. This is a Buy Stop order right above the 10 day high. | An exit @38.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.55 points, which is 6.21%. | For a 1.00% total portfolio risk, you can invest 16.11% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RNST Technicals: Chart, Performance Metrics, Trend & Indicators
39.65
-0.91 (-2.24%)
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 60.6122. 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 38.09. Check the full technical report for our detailed analysis of RNST support and resistance levels.