RENAISSANCERE HOLDINGS LTD (RNR)
BMG7496G1033 - Common Stock
We assign a technical rating of 5 out of 10 to RNR. RNR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month RNR has a been trading in the 254.72 - 300.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, RNR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
RNR is part of the Insurance industry. There are 140 other stocks in this industry, RNR did better than 48% of them.
RNR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RNR is lagging the market.
Although the technical rating is only medium, RNR 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 262.92, a Stop Loss order could be placed below this zone.
More info and screens
211.44
286.34
3 important support areas can be observed.
- A support zone ranging from 254.20 to 262.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 226.07 to 228.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 213.58 to 215.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 279.69 to 283.50. 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
CRS63.98
Mansfield0.14
10 Day High271.14
10 Day Low254.72
20 Day High300
20 Day Low254.72
52 Week High300
52 Week Low188.24
Performance
1 Week2.99%
2 Weeks-0.44%
1 Month-2.91%
3 Month5.02%
6 Month15.73%
12 Month20.7%
2 Year40.09%
3 Year71.72%
5 Year40.52%
10 Year170.26%
15 Year396.7%
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)-0.26
RSI(14)48.27
LBB255.31
UBB274.5
RENAISSANCERE HOLDINGS LTD
NYSE:RNR (11/21/2024, 8:04:00 PM)
After market: 264.64 0 (0%)264.64
+0.34 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.13%
1 Week2.99%
2 Weeks-0.44%
1 Month-2.91%
3 Month5.02%
6 Month15.73%
12 Month20.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.26
ATR(20)%2.86%
ATR Inc
Range Today3.83
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High271.14
10 Day Low254.72
20 Day High300
20 Day Low254.72
52 Week High300
52 Week Low188.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume346.10K
Volume Incr2.89%
Vol(5)504.66K
Vol(50)454.47K