VANECK GREEN INFRASTRUCTURE (RNEW) Stock Technical Analysis
NASDAQ:RNEW - Nasdaq - US92189H7228 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to RNEW. RNEW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: RNEW has an average volume of 1292 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, RNEW outperforms 47% of them, which is more or less in line with the market.
RNEW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month RNEW has a been trading in the 21.16 - 24.17 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.
Although the technical rating is bad, RNEW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.04, a Stop Loss order could be placed below this zone.
More info and screens
21.58
26.82
We found 2 important support areas.
- A support zone ranging from 22.74 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.80 to 22.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.57 to 24.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.05 to 26.55. 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
CRS47.12
Mansfield-0.3
10 Day High23.09
10 Day Low21.28
20 Day High24.17
20 Day Low21.17
52 Week High26.63
52 Week Low21.17
Performance
1 Week-1.04%
2 Weeks7.18%
1 Month-5.88%
3 Month-11.93%
6 Month-6.02%
12 Month2.08%
2 Year-7.03%
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)0.05
RSI(14)46.77
LBB21.44
UBB23.67
NASDAQ:RNEW (4/24/2025, 1:50:48 PM)
23.15
+0.34 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.49%
1 Week-1.04%
2 Weeks7.18%
1 Month-5.88%
3 Month-11.93%
6 Month-6.02%
12 Month2.08%
2 Year-7.03%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.26%
ATR Inc-38.48%
Range Today0.08
ADR(20)0.19
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.12
Mansfield-0.3
10 Day High23.09
10 Day Low21.28
20 Day High24.17
20 Day Low21.17
52 Week High26.63
52 Week Low21.17
CS1 End22.04
CR1 Start22.74
Volume & EV
DER(3)0%
DER(5)0%
Volume1.77K
Volume Incr-86.87%
Vol(5)260
Vol(50)1.29K