RENEW ENERGY GLOBAL PLC-A (RNW) Stock Technical Analysis
NASDAQ:RNW - Nasdaq - GB00BNQMPN80 - Common Stock - Currency: USD
Overall RNW gets a technical rating of 0 out of 10. RNW'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.
62% of all other stocks performed better in the past year than RNW.
In the last month RNW has a been trading in the 6.06 - 6.83 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.
RNW has an average volume of 1396920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RNW is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, RNW did better than 52% of them.
RNW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RNW is lagging the market.
The technical rating of RNW 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
5.16
7.05
2 important support areas can be observed.
- A support zone ranging from 5.37 to 5.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 5.21 to 5.26. 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 6.58 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.98 from a trend 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
CRS38.29
Mansfield-0.73
10 Day High6.83
10 Day Low6.06
20 Day High6.83
20 Day Low6.06
52 Week High7.49
52 Week Low5.15
Performance
1 Week-8.26%
2 Weeks-9.48%
1 Month-9.21%
3 Month3.74%
6 Month7.57%
12 Month-5.56%
2 Year40.78%
3 Year-22.66%
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)34.44
LBB6.18
UBB6.97
6.11
-0.24 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.78%
1 Week-8.26%
2 Weeks-9.48%
1 Month-9.21%
3 Month3.74%
6 Month7.57%
12 Month-5.56%
2 Year40.78%
3 Year-22.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.79%
ATR Inc6.82%
Range Today0.27
ADR(20)0.22
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.29
Mansfield-0.73
10 Day High6.83
10 Day Low6.06
20 Day High6.83
20 Day Low6.06
52 Week High7.49
52 Week Low5.15
CS1 End5.43
CR1 Start6.58
Volume & EV
DER(3)-3.34%
DER(5)-1.51%
Volume1.46M
Volume Incr49.18%
Vol(5)1.56M
Vol(50)1.40M