April 18, 2025, 17:08 pm ET, BY Joseph H. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RNR
- Buy RNR near 231.25 target 256.16 stop loss @ 230.58 Details
The technical summary data tells us to buy RNR near 231.25 with an upside target of 256.16. This data also tells us to set a stop loss @ 230.58 to protect against excessive loss in case the stock begins to move against the trade. 231.25 is the first level of support below 240.65 , and by rule, any test of support is a buy signal. In this case, support 231.25 would be being tested, so a buy signal would exist.
- Short RNR slightly under 256.16, target 231.25, stop loss @ 256.9 Details
The technical summary data is suggesting a short of RNR as it gets near 256.16 with a downside target of 231.25. We should have a stop loss in place at 256.9though. 256.16 is the first level of resistance above 240.65, and by rule, any test of resistance is a short signal. In this case, if resistance 256.16 is being tested, so a short signal would exist.
Swing Trading Plans for RNR
- Buy RNR slightly over 242.6, target 256.16, Stop Loss @ 241.9 Details
If 242.6 begins to break higher, the technical summary data tells us to buy RNR just slightly over 242.6, with an upside target of 256.16. The data also tells us to set a stop loss @ 241.9 in case the stock turns against the trade. 242.6 is the first level of resistance above 240.65, and by rule, any break above resistance is a buy signal. In this case, 242.6, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short RNR slightly near 242.6, target 231.25, Stop Loss @ 243.3. Details
The technical summary data is suggesting a short of RNR if it tests 242.6 with a downside target of 231.25. We should have a stop loss in place at 243.3 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 242.6, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for RNR
- Buy RNR slightly over 242.6, target 244.65, Stop Loss @ 242.03 Details
If 242.6 begins to break higher, the technical summary data tells us to buy RNR just slightly over 242.6, with an upside target of 244.65. The data also tells us to set a stop loss @ 242.03 in case the stock turns against the trade. 242.6 is the first level of resistance above 240.65, and by rule, any break above resistance is a buy signal. In this case, 242.6, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short RNR slightly near 242.6, target 239.31, Stop Loss @ 243.17. Details
The technical summary data is suggesting a short of RNR if it tests 242.6 with a downside target of 239.31. We should have a stop loss in place at 243.17 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 242.6, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Renaissancere Holdings Ltd. (RNR) available here: RNR.
RNR Ratings for April 18:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Neutral |
P1 |
0 |
0 |
231.25 |
P2 |
239.31 |
226.21 |
256.16 |
P3 |
244.65 |
242.6 |
282.54 |
AI Generated Signals for RNR
Blue = Current Price
Red = Resistance
Green = Support
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