Advertisement

Ads Placeholder
Loading...

REN - Redes Energéticas Nacionais, SGPS, S.A.

RENE.LS•EURONEXT
Utilities
Diversified Utilities
€3.83
€0.07(1.73%)
U.S. Market opens in 20h 25m

REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for REN - Redes Energéticas Nacionais, SGPS, S.A. (EURONEXT:RENE.LS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RENE.LS Technical Analysis Summary

REN - Redes Energéticas Nacionais, SGPS, S.A. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.24)
Trend Strength:Moderate (ADX: 22.61)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$3.66 – $3.93 (Bollinger Bands)

Overall, REN - Redes Energéticas Nacionais, SGPS, S.A. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.62

Neutral
Mid-range signal with no clear trend.

Williams %R: -29.63

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.52

Neutral
Price change is minimal.

Takeaway:REN - Redes Energéticas Nacionais, SGPS, S.A. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 19.13

Neutral
Neutral, no strong directional signal.

Takeaway:REN - Redes Energéticas Nacionais, SGPS, S.A. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.93
Middle Band (SMA 20)
$3.79
Lower Band
$3.66
Current Position
Within Bands

Takeaway:REN - Redes Energéticas Nacionais, SGPS, S.A. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3.92
Middle Line (EMA 20)
$3.77
Lower Channel
$3.61
Squeeze Status
Squeeze On

Takeaway:REN - Redes Energéticas Nacionais, SGPS, S.A. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume8.20M
Money Flow Index52.61Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.31Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RENE.LS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of REN - Redes Energéticas Nacionais, SGPS, S.A., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:REN - Redes Energéticas Nacionais, SGPS, S.A. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ