RENK GROUP AG (R3NK.DE) Stock Technical Analysis
FRA:R3NK - Deutsche Boerse Ag - DE000RENK730 - Common Stock - Currency: EUR
Overall R3NK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, R3NK is showing a nice and steady performance.
R3NK 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.
Both the short term and long term trends are positive. This is a very positive sign.
R3NK is one of the better performing stocks in the Machinery industry, it outperforms 90% of 107 stocks in the same industry.
In the last month R3NK has a been trading in the 20.34 - 25.14 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, R3NK did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Although R3NK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.72
27.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.61 to 22.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.38 from a horizontal line in the weekly time frame.
- Support @17.90 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.47 to 24.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.30 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield-0.98
10 Day High25.15
10 Day Low21.49
20 Day High25.15
20 Day Low20.34
52 Week High39.74
52 Week Low17.71
Performance
1 Week6.56%
2 Weeks8.95%
1 Month15.95%
3 Month21.71%
6 Month-6.21%
12 Month22.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.12
RSI(14)65.15
LBB21.6
UBB24.84
RENK GROUP AG
FRA:R3NK (2/5/2025, 5:29:56 PM)
24.105
-0.2 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.82%
1 Week6.56%
2 Weeks8.95%
1 Month15.95%
3 Month21.71%
6 Month-6.21%
12 Month22.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%4.09%
ATR Inc-15.24%
Range Today0.45
ADR(20)0.95
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield-0.98
10 Day High25.15
10 Day Low21.49
20 Day High25.15
20 Day Low20.34
52 Week High39.74
52 Week Low17.71
CS1 End22.63
CR1 Start24.47
Volume & EV
DER(3)-0.65%
DER(5)-0.9%
Volume136.54K
Volume Incr28.32%
Vol(5)636.03K
Vol(50)530.73K