Renewi Plc (RWI.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:RWI - GB00BNR4T868 - Common Stock
Overall RWI gets a technical rating of 8 out of 10. Both in the recent history as in the last year, RWI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: RWI has an average volume of 12439 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.
- RWI is part of the Commercial Services & Supplies industry. There are 43 other stocks in this industry. RWI outperforms 83% of them.
- RWI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RWI has a been trading in the 9.70 - 10.33 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, RWI did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, RWI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
We found 3 important support areas.
- 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.
We found 1 important resistance 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 trade has a worst case loss of 0.64 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.14% 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.
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 trend direction for RWI stock?
The current trend direction for Renewi Plc (RWI.AS) is Bullish.
Can you provide the RSI signal for Renewi Plc?
Renewi Plc (RWI.AS) has an RSI value of 57.6249. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Renewi Plc?
The MACD indicator for Renewi Plc (RWI.AS) has a value of 0.00201392, indicating a bearish trend.
What is the buy/sell signal for Renewi Plc (RWI.AS) stock?
The buy/sell signal for Renewi Plc (RWI.AS) is buy as both the short term and long term trends are positive.