RWE AG (RWE.DE)

DE0007037129 - Common Stock

32.31  +0.42 (+1.32%)

Technical Rating and Analysis

1

Taking everything into account, RWE scores 1 out of 10 in our technical rating. RWE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than RWE.
RWE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RWE is lagging the market.
In the last month RWE has a been trading in the 30.30 - 32.93 range, which is quite wide. It is currently trading near the high of this range.
RWE has an average volume of 2959570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RWE is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry, RWE did better than 44% of them.
Weekly and Daily overview Charts
RWE Weekly chart
RWE Daily chart
Setup Rating and Analysis

7

RWE has a bad technical rating, but it does show a decent setup pattern. 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.

Support and Resistance Analysis

30.06

43.51

We found 2 important support areas.

  • A support zone ranging from 32.04 to 32.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 30.36 to 30.66. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 32.50 to 32.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @38.10 from a horizontal line in the daily time frame.
  • Resistance @40.60 from a horizontal line in the daily time frame.
  • Resistance @43.08 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.4
Mansfield-2.15
10 Day High32.93
10 Day Low31.39
20 Day High32.93
20 Day Low30.3
52 Week High42.93
52 Week Low30.08
Performance
1 Week-1.39%
2 Weeks1.75%
1 Month2.9%
3 Month-7.35%
6 Month-10.32%
12 Month-25.05%
2 Year-19.45%
3 Year1.11%
5 Year40.05%
10 Year16.03%
15 Year-41.58%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)52.41
LBB30.6
UBB32.87
RWE Daily chart

RWE AG

FRA:RWE (4/26/2024, 5:29:55 PM)

32.31

+0.42 (+1.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.32%
1 Week-1.39%
2 Weeks1.75%
1 Month2.9%
3 Month-7.35%
6 Month-10.32%
12 Month-25.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%2.46%
ATR Inc
Range Today0.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.93
10 Day Low31.39
20 Day High32.93
20 Day Low30.3
52 Week High42.93
52 Week Low30.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume614.14K
Volume Incr-6.91%
Vol(5)2.56M
Vol(50)2.96M