Weaker Buy Today REN ranks #1313 as BUY CANDIDATE. Stronger Buy
Today REN ranks #1313 as BUY CANDIDATE.

REN stock Resolute Energy Corp

REN stock
Resolute Energy Corp

February 15, 2019
Change 1.47%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Buy
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will REN stock price go up or down on Tue, 19 Feb 2019?

Resolute Energy Corp Forecast and Stock Analysis

Technical REN stock analysis for February 15, 2019.

Buy candidate since 2019-02-12 Gain 2.52%
Shorts 14.49% ( 2019-01-31 )
Cash n/a
Loans n/a
Beta 3.17
ROA -4.59

Resolute Energy Corp gained 1.47% in the last trading day, rising from $32.08 to $32.55 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 0.59% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 294 501 more shares were traded than the day before. In total, 694 646 shares bought and sold for approximately $22.61 million.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the REN stock was $32.55. This is 1.47% more than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 2.56% from a day low at $31.98 to a day high of $32.80.

30 day high of the REN stock price was $33.51 and low was $31.39.
90 day high was $36.01 and low was $27.51.
52 week high for the Resolute Energy Corp - $39.28 and low - $24.60.

Trend

Resolute Energy Corp lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.46% during the next 3 months and, with 90% probability hold a price between $25.96 and $33.51 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Resolute Energy Corp holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $31.99 and $31.44. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday February 07, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Resolute Energy Corp finds support from accumulated volume at $32.15.

Support: $32.15 Price: $32.55 Resistance: $33.75

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.82 (2.56%) between high and low. For the last week, the stock has had a daily average volatility of 2.21%.

Our recommended stoploss: $30.80 (-5.39%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 6 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today REN ranks #1313 as BUY CANDIDATE. Stronger Buy
Today REN ranks #1313 as BUY CANDIDATE.