(RNY.DE) Stock Technical Analysis
FRA:RNY - Deutsche Boerse Ag - CA98462Y1007 - Common Stock - Currency: EUR
Taking everything into account, RNY scores 6 out of 10 in our technical rating. Although RNY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: RNY has an average volume of 11230 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
RNY is part of the Metals & Mining industry. There are 38 other stocks in this industry. RNY outperforms 75% of them.
RNY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RNY is performing more or less in line with the market.
RNY 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.
When comparing the yearly performance of all stocks, we notice that RNY is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although the technical rating is only medium, RNY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.59. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RNY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.18
5.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.21 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.95 to 5.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.77 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.63 from a trend line in the weekly time frame.
- Support @4.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.59 to 5.75. 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 RNY.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RNY.DE is up. |
| ChartMill Relative Strength | 78.31 | POSITIVE | RNY.DE has a high relative strength, it outperformed 78.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNY.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RNY.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNY.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.39 | NEUTRAL | The RSI value for RNY.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RNY.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.16 | NEUTRAL | The Stochastics value for RNY.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for RNY.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for RNY.DE suggests a strong 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)
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 |
|---|---|---|---|
| 5.58 | 5.20 | 0.38 (6.83%) | 14.65% |
| An entry @5.58. This is a Buy Stop order right above the 10 day high. | An exit @5.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 6.83%. | For a 1.00% total portfolio risk, you can invest 14.65% 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.
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.88%
1 Week-1.7%
2 Weeks1.91%
1 Month7.41%
3 Month2.55%
6 Month14.65%
12 Month4.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.51%
ATR Inc-63.67%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.31
Mansfield0.45
10 Day High5.57
10 Day Low5.17
20 Day High5.57
20 Day Low4.81
52 Week High5.86
52 Week Low4
CS1 End5.23
CR1 Start5.59
Volume & EV
DER(3)151.91%
DER(5)232.93%
Volume11.54K
Volume Incr51.75%
Vol(5)12.48K
Vol(50)11.23K