REDES ENERGETICAS NACIONAIS (RENE.LS) Stock Technical Analysis
ELI:RENE - Euronext Lisbon - PTREL0AM0008 - Common Stock - Currency: EUR
Taking everything into account, RENE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RENE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RENE did better than 84% of all other stocks. On top of that, RENE also shows a nice and consistent pattern of rising prices.
RENE is one of the better performing stocks in the Multi-Utilities industry, it outperforms 91% of 13 stocks in the same industry.
A new 52 week high is currently being made by RENE, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so RENE is leading the market.
In the last month RENE has a been trading in the 2.40 - 2.64 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RENE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.25
2.67
2 important support areas can be observed.
- A support zone ranging from 2.38 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.27 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
CRS84.33
Mansfield0.94
10 Day High2.64
10 Day Low2.44
20 Day High2.64
20 Day Low2.4
52 Week High2.64
52 Week Low2.12
Performance
1 Week7.98%
2 Weeks7.76%
1 Month8.64%
3 Month10.69%
6 Month9.32%
12 Month17.86%
2 Year-2.22%
3 Year-7.37%
5 Year13.79%
10 Year-3.37%
15 Year-13.73%
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)69.61
LBB2.37
UBB2.61
ELI:RENE (3/7/2025, 7:00:00 PM)
2.64
+0.14 (+5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg5.6%
1 Week7.98%
2 Weeks7.76%
1 Month8.64%
3 Month10.69%
6 Month9.32%
12 Month17.86%
2 Year-2.22%
3 Year-7.37%
5 Year13.79%
10 Year-3.37%
15 Year-13.73%
Volatility
ATR(14)0.05
ATR(20)%1.63%
ATR Inc173.64%
Range Today0.13
ADR(20)0.04
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.33
Mansfield0.94
10 Day High2.64
10 Day Low2.44
20 Day High2.64
20 Day Low2.4
52 Week High2.64
52 Week Low2.12
CS1 End2.48
CR1 StartN/A
Volume & EV
DER(3)-1.31%
DER(5)-0.66%
Volume3.91M
Volume Incr178.88%
Vol(5)2.24M
Vol(50)825.64K