VANECK GREEN INFRASTRUCTURE (RNEW) Stock Technical Analysis
NASDAQ:RNEW - Nasdaq - US92189H7228 - ETF - Currency: USD
Overall RNEW gets a technical rating of 0 out of 10. RNEW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
63% of all other stocks performed better in the past year than RNEW.
In the last month RNEW has a been trading in the 23.64 - 25.65 range, which is quite wide. It is currently trading near the lows of this range.
Warning: RNEW has an average volume of 462 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RNEW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RNEW is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of RNEW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.14
26.90
When analyzing the support we notice one important area.
- A support zone ranging from 23.37 to 23.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @23.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.47 to 25.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.19 to 26.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.86
Mansfield-0.79
10 Day High25.65
10 Day Low23.64
20 Day High25.65
20 Day Low23.64
52 Week High26.63
52 Week Low21.79
Performance
1 Week-3.89%
2 Weeks-6.62%
1 Month-6.54%
3 Month-9.88%
6 Month-1.77%
12 Month2%
2 Year-8.45%
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)-0.14
RSI(14)30.48
LBB23.56
UBB25.97
NASDAQ:RNEW (3/3/2025, 4:30:01 PM)
23.6426
-0.55 (-2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.27%
1 Week-3.89%
2 Weeks-6.62%
1 Month-6.54%
3 Month-9.88%
6 Month-1.77%
12 Month2%
2 Year-8.45%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.08%
ATR Inc65.28%
Range Today0.63
ADR(20)0.16
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.86
Mansfield-0.79
10 Day High25.65
10 Day Low23.64
20 Day High25.65
20 Day Low23.64
52 Week High26.63
52 Week Low21.79
CS1 End23.63
CR1 Start23.85
Volume & EV
DER(3)0%
DER(5)0%
Volume1.54K
Volume Incr121.92%
Vol(5)1.09K
Vol(50)462.74