Renasant Corporation (RNST)

Renasant Corporation is trading at $39.93, down 0.82% on the session. The 50 day average sits at $40.31 and the 200 day at $40.23, which puts the stock in a uptrend. RSI is at 46.3, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $39.76 with resistance near $40.23, so that band frames the current range. Average daily movement is roughly $0.87, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 33, momentum of 67 and a risk score of 77.

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, and fiduciary services to retail and commercial customers. The company operates in two segments, Community Banks and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts. It also provides annuities, mutual funds, and other investment services through a third-party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates, as well as administrative and compliance services for certain mutual funds. The company was founded in 1904 and is based in Tupelo, Mississippi.