Technical Analysis for RE.B - R.E.A. Holdings Plc

Grade Last Price % Change Price Change
C 80.00 -0.31% -0.25
RE.B closed down 0.31 percent on Wednesday, April 24, 2024, on 20 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Gapped Down Weakness 0.00%
20 DMA Resistance Bearish -0.31%
Crossed Above 200 DMA Bullish -0.31%
New Uptrend Bullish -0.31%
Multiple of Ten Bullish Other -0.31%

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Profile

R.E.A. Holdings Plc Description

R.E.A. Holdings plc is a United Kingdom-based company engaged in the cultivation of oil palms in the province of East Kalimantan in Indonesia and in the production of crude palm oil and crude palm kernel oil. The Company operates in two segments: the cultivation of oil palms, and stone and coal operations. The Company holds an investment in a stone deposit, which is located close to the agricultural operations and holds approximately three coal mining concessions. The Company holds agricultural land allocations in East Kalimantan totaling over 108,000 hectares. Areas planted with oil palms include approximately 37,000 hectares of which over 29,000 hectares are mature. The Company generates renewable energy from its methane capture plants to provide power for its own operations and also for sale to local villages. The Company's crude palm oil production includes approximately 164,000 tons. The Company's, through its subsidiaries, also provides group finance and services.


Classification

Sector: Financial Services
Industry: Insurance - Reinsurance
Keywords: Energy Oil Mining Renewable Energy Coal Plants Concession Crops Palm Palm Oil Coal Mining Crude Palm Oil Methane Oil Palm Oil Production Palm Oil Production In Indonesia Tropical Agriculture Arecaceae Commelinids Bumitama Agri Elaeis Palm Kernel Oil Social And Environmental Impact Of Palm Oil Arecoideae Coal Mining Concessions Crude Palm Kernel Oil Crude Palm Oil Production Finance And Services Oil Palms

Is RE.B a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 96.0
52 Week Low 55.56
Average Volume 75,229
200-Day Moving Average 79.40
50-Day Moving Average 86.67
20-Day Moving Average 79.93
10-Day Moving Average 78.65
Average True Range 3.20
RSI (14) 40.48
ADX 23.38
+DI 15.49
-DI 15.21
Chandelier Exit (Long, 3 ATRs) 85.90
Chandelier Exit (Short, 3 ATRs) 84.60
Upper Bollinger Bands 88.83
Lower Bollinger Band 71.02
Percent B (%b) 0.5
BandWidth 22.28
MACD Line -2.40
MACD Signal Line -2.85
MACD Histogram 0.447
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 81.43
Resistance 3 (R3) 81.27 80.63 81.19
Resistance 2 (R2) 80.63 80.27 80.71 81.11
Resistance 1 (R1) 80.32 80.05 80.48 80.48 81.03
Pivot Point 79.68 79.68 79.76 79.76 79.68
Support 1 (S1) 79.37 79.32 79.53 79.53 78.97
Support 2 (S2) 78.73 79.10 78.81 78.89
Support 3 (S3) 78.42 78.73 78.81
Support 4 (S4) 78.58