Renewi Plc (RWI.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:RWI - GB00BNR4T868 - Common Stock
We assign a technical rating of 8 out of 10 to RWI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RWI is showing a nice and steady performance.
RWI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.26, a Stop Loss order could be placed below this zone.
More info and screens
7.85
3 important support areas can be observed.
- A support zone ranging from 10.08 to 10.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.85 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.31 to 10.32. 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 RWI.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RWI.AS is up. |
| ChartMill Relative Strength | 87.73 | POSITIVE | RWI.AS has a high relative strength, it outperformed 87.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RWI.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWI.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RWI.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.62 | NEUTRAL | The RSI value for RWI.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RWI.AS has a positive trend. |
| Stochastics (14,3) | 95.97 | OVERBOUGHT | The high Stochastics value suggests RWI.AS may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for RWI.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 36 | POSITIVE | The high ADX value value for RWI.AS suggests a strong trend. |
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 |
|---|---|---|---|
| 10.33 | 9.69 | 0.64 (6.20%) | 16.14% |
| An entry @10.33. This is a Buy Stop order right above the resistance zone. | An exit @9.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.64 points, which is 6.20%. | When investing 16.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AMS:RWI (6/5/2025, 7:00:00 PM)
10.302
0 (-0.04%)
Renewi Plc / RWI.AS FAQ
What is the technical rating for RWI stock?
ChartMill assigns a technical rating of 8 / 10 to RWI.AS.
What is the current trend direction of Renewi Plc (RWI.AS) stock?
The current trend direction for Renewi Plc (RWI.AS) is Bullish.
What is the RSI signal for RWI stock?
Renewi Plc (RWI.AS) has an RSI value of 57.6249. This indicates that the stock is currently neutral.
What is the MACD signal for RWI stock?
The MACD indicator for Renewi Plc (RWI.AS) has a value of 0.00201392, indicating a bearish trend.
Can you provide the short term momentum for Renewi Plc?
The short term momentum for Renewi Plc (RWI.AS) is positive.