TRUESH EAGLE GL RENEW EN INC (RNWZ) Stock Technical Analysis
NYSEARCA:RNWZ - NYSE Arca - US53656G5716 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to RNWZ. RNWZ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: RNWZ has an average volume of 526 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month RNWZ has a been trading in the 20.40 - 22.67 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Looking at the yearly performance, RNWZ did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RNWZ 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.
Besides having an excellent technical rating, RNWZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.09, a Stop Loss order could be placed below this zone.
More info and screens
19.66
25.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.42 to 22.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.86 to 20.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.41 to 22.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.06 to 25.20. 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
CRS84.79
Mansfield0.45
10 Day High22.65
10 Day Low21.24
20 Day High22.67
20 Day Low20.4
52 Week High26.27
52 Week Low19.87
Performance
1 Week0.34%
2 Weeks9.4%
1 Month3.52%
3 Month10.01%
6 Month-5.43%
12 Month6.69%
2 Year-11.23%
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)0.07
RSI(14)56.23
LBB20.46
UBB23.24
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.52 | 21.41 | 1.11 (4.93%) | 20.29% |
| An entry @22.52. This is a Buy Stop order right above the resistance zone. | An exit @21.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.11 points, which is 4.93%. | For a 1.00% total portfolio risk, you can invest 20.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:RNWZ (4/23/2025, 8:04:00 PM)
22.32
-0.33 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.46%
1 Week0.34%
2 Weeks9.4%
1 Month3.52%
3 Month10.01%
6 Month-5.43%
12 Month6.69%
2 Year-11.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%1.66%
ATR Inc-19.66%
Range Today0
ADR(20)0.07
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.79
Mansfield0.45
10 Day High22.65
10 Day Low21.24
20 Day High22.67
20 Day Low20.4
52 Week High26.27
52 Week Low19.87
CS1 End22.09
CR1 Start22.41
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr68%
Vol(5)420
Vol(50)526