Londinia Opportunities Analyses - 03/20/2025 (GMT) RENEW HOLDINGS ORD 10P - 1H

RENEW HOLDINGS ORD 10P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Type: Stocks
Ticker: RNWH
ISIN: GB0005359004

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 687 GBX
My targets
704 GBX (+1.44%)
715 GBX (+3.03%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RENEW HOLDINGS ORD 10P as long as the price remains well above 687 GBX. The buyers' bullish objective is set at 704 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 715 GBX. If there is any crossing, the next objective would be the resistance located at 737 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
8.6

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Additional analysis

Quotes

The RENEW HOLDINGS ORD 10P price is 694 GBX. On the day, this instrument gained +1.61% and was traded between 678 GBX and 700 GBX over the period. The price is currently at +2.36% from its lowest and -0.86% from its highest.

678
700
694

Here is a more detailed summary of the historical variations registered by RENEW HOLDINGS ORD 10P:

Technical


Technical analysis of RENEW HOLDINGS ORD 10P in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1 (Monthly)

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 645 663 687 694 704 715 737
Change (%) -7.06% -4.47% -1.01% - +1.44% +3.03% +6.20%
Change -49 -31 -7 - +10 +21 +43
Level Major Minor Major - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard650664673687696710719
Camarilla677679681683685687689
Woodie649663672686695709718
Fibonacci664672678687695701710


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard608624649665690706731
Camarilla664667671675679683686
Woodie614626655667696708737
Fibonacci624639649665680690706


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard522588623689724790825
Camarilla631640650659668678687
Woodie508580609681710782811
Fibonacci588626650689727751790

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): 60.00
MACD (12,26,9): 2.0000
Directional Movement: 17
AROON (14): 29
DEMA (21): 690
Parabolic SAR (0,02-0,02-0,2): 680
Elder Ray (13): 5
Super Trend (3,10): 674
Zig ZAG (10): 692
VORTEX (21): 1.0000
Stochastique (14,3,5): 61.00
TEMA (21): 689
Williams %R (14): -35.00
Chande Momentum Oscillator (20): 12
Repulse (5,40,3): 1.0000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.00
MA7: 679
MA20: 674
MA50: 732
MA100: 861
MAexp7: 689
MAexp20: 686
MAexp50: 680
MAexp100: 676
Price / MA7: +2.21%
Price / MA20: +2.97%
Price / MA50: -5.19%
Price / MA100: -19.40%
Price / MAexp7: +0.73%
Price / MAexp20: +1.17%
Price / MAexp50: +2.06%
Price / MAexp100: +2.66%

Quotes : - 15 min delayed data - London Stock Exchange