RENAISSANCERE HOLDINGS LTD (RNR)
BMG7496G1033 - Common Stock
Taking everything into account, RNR scores 3 out of 10 in our technical rating. Although RNR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month RNR has a been trading in the 241.55 - 290.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that RNR is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by RNR over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RNR is an average performer in the Insurance industry, it outperforms 58% of 141 stocks in the same industry.
RNR 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 RNR is lagging the market slightly.
The technical rating of RNR 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.
More info and screens
211.44
289.02
When analyzing the support we can see 3 important areas.
- Support @241.96 from a horizontal line in the daily time frame.
- A support zone ranging from 228.47 to 228.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @213.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @286.16 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.73
Mansfield-0.44
10 Day High280.53
10 Day Low241.55
20 Day High290.78
20 Day Low241.55
52 Week High300
52 Week Low191.61
Performance
1 Week-6.87%
2 Weeks-10.83%
1 Month-5.77%
3 Month-5.42%
6 Month11.19%
12 Month28.22%
2 Year35.36%
3 Year47.27%
5 Year27.22%
10 Year156.5%
15 Year369.18%
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)-3.77
RSI(14)34.26
LBB239.07
UBB295.77
RENAISSANCERE HOLDINGS LTD
NYSE:RNR (12/20/2024, 8:04:00 PM)
After market: 249.37 0 (0%)249.37
+1 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.4%
1 Week-6.87%
2 Weeks-10.83%
1 Month-5.77%
3 Month-5.42%
6 Month11.19%
12 Month28.22%
2 Year35.36%
3 Year47.27%
5 Year27.22%
10 Year156.5%
15 Year369.18%
Volatility
ATR(14)7.07
ATR(20)%2.68%
ATR Inc16.39%
Range Today6.36
ADR(20)6.31
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.73
Mansfield-0.44
10 Day High280.53
10 Day Low241.55
20 Day High290.78
20 Day Low241.55
52 Week High300
52 Week Low191.61
CS1 End241.96
CR1 Start286.16
Volume & EV
DER(3)-0.51%
DER(5)-1.44%
Volume1.22M
Volume Incr108.98%
Vol(5)860.58K
Vol(50)485.12K