REDES ENERGETICAS NACIONAIS (RENE.LS)

PTREL0AM0008 - Common Stock

2.24  -0.01 (-0.67%)

Technical Rating and Analysis

0

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

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than RENE.
In the last month RENE has a been trading in the 2.21 - 2.47 range, which is quite wide. It is currently trading near the lows of this range.
RENE is an average performer in the Multi-Utilities industry, it outperforms 45% of 12 stocks in the same industry.
RENE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RENE is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RENE Weekly chart
RENE Daily chart
Setup Rating and Analysis

3

The technical rating of RENE is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

2.11

2.54

We found 1 important support area.

  • A support zone ranging from 2.13 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 2.34 to 2.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.44 to 2.51. 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
CRS22.63
Mansfield-1.32
10 Day High2.37
10 Day Low2.22
20 Day High2.47
20 Day Low2.22
52 Week High2.5
52 Week Low2.12
Performance
1 Week-3.66%
2 Weeks-5.29%
1 Month-8.57%
3 Month-7.25%
6 Month-2.18%
12 Month-3.66%
2 Year-11.11%
3 Year-11.98%
5 Year-17.65%
10 Year-6.9%
15 Year-25.33%
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)-0.02
RSI(14)28.62
LBB2.2
UBB2.43
RENE Daily chart

REDES ENERGETICAS NACIONAIS

ELI:RENE (12/24/2024, 7:00:00 PM)

2.24

-0.01 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.67%
1 Week-3.66%
2 Weeks-5.29%
1 Month-8.57%
3 Month-7.25%
6 Month-2.18%
12 Month-3.66%
2 Year-11.11%
3 Year-11.98%
5 Year-17.65%
10 Year-6.9%
15 Year-25.33%
Volatility
ATR(14)0.03
ATR(20)%1.32%
ATR Inc-34.88%
Range Today0.02
ADR(20)0.03
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.63
Mansfield-1.32
10 Day High2.37
10 Day Low2.22
20 Day High2.47
20 Day Low2.22
52 Week High2.5
52 Week Low2.12
CS1 End2.17
CR1 Start2.34
Volume & EV
DER(3)-0.44%
DER(5)-0.22%
Volume364.44K
Volume Incr39.18%
Vol(5)1.20M
Vol(50)866.15K