REN

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RENE
ISIN:	PTREL0AM0008

REN - 1H - Technical analysis published on 01/21/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 2.337 EUR

My targets

2.389 EUR (+1.66%)

2.487 EUR (+5.83%)

My analysis

The bullish trend is currently very strong on REN. As long as the price remains above the support at 2.337 EUR, you could try to benefit from the boom. The first bullish objective is located at 2.389 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.487 EUR as an objective. Crossing it would then enable buyers to target 2.599 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

REN rating 2.350 EUR. The price has increased by +0.00% since the last closing with the lowest point at 2.340 EUR and the highest point at 2.350 EUR. The deviation from the price is +0.43% for the low point and 0% for the high point.

2.340

2.350

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by REN:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of REN in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.255	2.310	2.337	2.350	2.389	2.487	2.599
Change (%)	-4.04%	-1.70%	-0.55%	-	+1.66%	+5.83%	+10.60%
Change	-0.095	-0.040	-0.013	-	+0.039	+0.137	+0.249
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.317	2.323	2.337	2.343	2.357	2.363	2.377
Camarilla	2.345	2.346	2.348	2.350	2.352	2.354	2.356
Woodie	2.320	2.325	2.340	2.345	2.360	2.365	2.380
Fibonacci	2.323	2.331	2.336	2.343	2.351	2.356	2.363

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.237	2.258	2.302	2.323	2.367	2.388	2.432
Camarilla	2.327	2.333	2.339	2.345	2.351	2.357	2.363
Woodie	2.248	2.264	2.313	2.329	2.378	2.394	2.443
Fibonacci	2.258	2.283	2.299	2.323	2.348	2.364	2.388

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.010	2.113	2.196	2.299	2.382	2.485	2.568
Camarilla	2.229	2.246	2.263	2.280	2.297	2.314	2.331
Woodie	2.001	2.108	2.187	2.294	2.373	2.480	2.559
Fibonacci	2.113	2.184	2.228	2.299	2.370	2.414	2.485

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	64.13
MACD (12,26,9):	0.0070
Directional Movement:	16.298
AROON (14):	35.714
DEMA (21):	2.348
Parabolic SAR (0,02-0,02-0,2):	2.339
Elder Ray (13):	0.003
Super Trend (3,10):	2.329
Zig ZAG (10):	2.350
VORTEX (21):	1.0000
Stochastique (14,3,5):	66.67
TEMA (21):	2.348
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.010
Repulse (5,40,3):	0.1420
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	0.40

MA7:	2.327
MA20:	2.294
MA50:	2.304
MA100:	2.311
MAexp7:	2.344
MAexp20:	2.338
MAexp50:	2.325
MAexp100:	2.311
Price / MA7:	+0.99%
Price / MA20:	+2.44%
Price / MA50:	+2.00%
Price / MA100:	+1.69%
Price / MAexp7:	+0.26%
Price / MAexp20:	+0.51%
Price / MAexp50:	+1.08%
Price / MAexp100:	+1.69%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The latest news and videos published on REN at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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