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RENN FUND INC (RCG) Stock Technical Analysis

NYSEARCA:RCG - NYSE Arca - US7597201059 - Currency: USD

2.75  +0.05 (+1.85%)

Technical Rating and Analysis

8

Taking everything into account, RCG scores 8 out of 10 in our technical rating. In the last year, RCG was one of the better performers, but we do observe some doubts in the very recent evolution.

Warning: RCG has an average volume of 10498 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, RCG did better than 93% of all other stocks.
RCG is part of the Capital Markets industry. There are 225 other stocks in this industry. RCG outperforms 92% of them.
RCG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RCG is performing more or less in line with the market.
In the last month RCG has a been trading in the 2.52 - 2.85 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RENN FUND INC / RCG Weekly stock chart
RENN FUND INC / RCG Daily stock chart
Setup Rating and Analysis

8

RCG 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 2.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RCG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.58

2.91

4 important support areas can be observed.

  • A support zone ranging from 2.61 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.54 from a horizontal line in the daily time frame.
  • A support zone ranging from 2.40 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.60 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.83 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS93.33
Mansfield2.51
10 Day High2.84
10 Day Low2.55
20 Day High2.85
20 Day Low2.52
52 Week High2.88
52 Week Low1.52
Performance
1 Week1.83%
2 Weeks5.88%
1 Month-2.88%
3 Month-2.53%
6 Month43.62%
12 Month70.89%
2 Year55.18%
3 Year11.81%
5 Year60.71%
10 Year119.51%
15 Year4.25%
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)-0.01
RSI(14)50.43
LBB2.59
UBB2.81
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
2.892.600.29 (10.03%)9.97%
An entry @2.89. This is a Buy Stop order right above the resistance zone.An exit @2.60. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.29 points, which is 10.03%.When investing 9.97% 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.
RENN FUND INC / RCG Daily stock chart

RENN FUND INC

NYSEARCA:RCG (3/3/2025, 3:37:50 PM)

2.75

+0.05 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.85%
1 Week1.83%
2 Weeks5.88%
1 Month-2.88%
3 Month-2.53%
6 Month43.62%
12 Month70.89%
2 Year55.18%
3 Year11.81%
5 Year60.71%
10 Year119.51%
15 Year4.25%
Volatility
ATR(14)0.13
ATR(20)%4.74%
ATR Inc-30.07%
Range Today0.1
ADR(20)0.12
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.33
Mansfield2.51
10 Day High2.84
10 Day Low2.55
20 Day High2.85
20 Day Low2.52
52 Week High2.88
52 Week Low1.52
CS1 End2.66
CR1 Start2.83
Volume & EV
DER(3)25.13%
DER(5)23.05%
Volume11.56K
Volume Incr-57.91%
Vol(5)4.44K
Vol(50)10.50K