Logo image of RE21.DE

REDEIA CORP SA (RE21.DE) Stock Technical Analysis

FRA:RE21 - Deutsche Boerse Ag - ES0173093024 - Common Stock - Currency: EUR

16.34  +0.57 (+3.61%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RE21. RE21 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RE21 is a bad performer in the overall market: 70% of all stocks are doing better.
RE21 is one of the lesser performing stocks in the Electric Utilities industry. 66% of 16 stocks in the same industry do better.
Warning: RE21 has an average volume of 142 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RE21 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RE21 is lagging the market.
In the last month RE21 has a been trading in the 15.77 - 17.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
REDEIA CORP SA / RE21 Weekly stock chart
REDEIA CORP SA / RE21 Daily stock chart
Setup Rating and Analysis

1

The technical rating of RE21 is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

14.41

18.01

3 important support areas can be observed.

  • A support zone ranging from 16.19 to 16.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @15.46 from a horizontal line in the daily time frame.
  • A support zone ranging from 14.56 to 14.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 16.50 to 16.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.12 to 17.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @17.83 from a horizontal line in the weekly 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
CRS30.65
Mansfield-1
10 Day High16.66
10 Day Low15.77
20 Day High17.24
20 Day Low15.77
52 Week High17.49
52 Week Low14.54
Performance
1 Week0.55%
2 Weeks-0.31%
1 Month-1.86%
3 Month-5.17%
6 Month-5.82%
12 Month8.54%
2 Year4.91%
3 Year-4.22%
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)-0.05
RSI(14)47.38
LBB15.71
UBB16.88
REDEIA CORP SA / RE21 Daily stock chart

REDEIA CORP SA

FRA:RE21 (2/3/2025, 7:00:00 PM)

16.34

+0.57 (+3.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg3.61%
1 Week0.55%
2 Weeks-0.31%
1 Month-1.86%
3 Month-5.17%
6 Month-5.82%
12 Month8.54%
2 Year4.91%
3 Year-4.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.4%
ATR Inc67.9%
Range Today0
ADR(20)0.07
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.65
Mansfield-1
10 Day High16.66
10 Day Low15.77
20 Day High17.24
20 Day Low15.77
52 Week High17.49
52 Week Low14.54
CS1 End16.24
CR1 Start16.5
Volume & EV
DER(3)0%
DER(5)0%
Volume97
Volume Incr-83.86%
Vol(5)24.2
Vol(50)142.22