RENN FUND INC (RCG)

US7597201059

1.6099  +0.01 (+0.62%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to RCG. RCG'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.

When comparing the yearly performance of all stocks, RCG is a bad performer in the overall market: 75% of all stocks are doing better.
RCG is one of the lesser performing stocks in the Capital Markets industry. 73% of 212 stocks in the same industry do better.
RCG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RCG has a been trading in the 1.57 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: RCG has an average volume of 6576 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RCG Weekly chart
RCG Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, RCG 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 support zone below the current price at 1.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

1.53

1.72

We found 1 important support area.

  • A support zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 1.62 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.70 from a horizontal line in the daily 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
CRS25.83
Mansfield-1.78
10 Day High1.7
10 Day Low1.59
20 Day High1.7
20 Day Low1.57
52 Week High1.9
52 Week Low1.52
Performance
1 Week-3.31%
2 Weeks-1.54%
1 Month-1.84%
3 Month-0.01%
6 Month-3.02%
12 Month-8.01%
2 Year-28.45%
3 Year-40.59%
5 Year3.2%
10 Year8.78%
15 Year-44.49%
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
RSI(14)48.98
LBB1.56
UBB1.68
RCG Daily chart

RENN FUND INC

NYSEARCA:RCG (5/17/2024, 7:22:52 PM)

1.6099

+0.01 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.62%
1 Week-3.31%
2 Weeks-1.54%
1 Month-1.84%
3 Month-0.01%
6 Month-3.02%
12 Month-8.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%3.18%
ATR Inc
Range Today0.01
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 High1.7
10 Day Low1.59
20 Day High1.7
20 Day Low1.57
52 Week High1.9
52 Week Low1.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.50K
Volume Incr-34.11%
Vol(5)3.98K
Vol(50)6.58K