Inactive Instrument

Renewable Energy Group, Inc.

REGI

US75972A3014

Renewable Energy Group, Inc. : A well-established uptrend

September 19, 2013 at 08:57 am EDT
By Etienne Veber

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Entry price	Target	Stop-loss	Potential
$15.51	$18	$15.2	+16.05%

Renewable Energy Group could breakout its USD 15.62 resistance.

The economic and financial situation of the company is still strong. Estimated sales from Thomson Reuters consensus are encouraging. Moreover, the earnings forecast for 2013 and 2014 are often revised upward which give an important potential.

Technical patterns are in the green: prices are up for several months. The movement should continue in the coming trading sessions. The 20-day moving average should help to overcome the USD 15.62 long term resistance.

According to both technical and fundamental elements, it seems opportune to take a long position above the USD 16 resistance. The bullish trend should allow the security to reach the bullish trendline around USD 18. A stop loss will be placed under the USD 16 to avoid a downtrend when the trade is open.

Latest news about Renewable Energy Group, Inc.

Bunge Limited (NYSE:BG) and Renewable Energy Group, Inc. acquired Chacraservicios S.r.l. from Adamant Bionrg Srl.	23-07-04	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P Composite 1500	22-06-16	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P 600	22-06-16	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P 600 Energy	22-06-16	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P 1000	22-06-16	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P TMI Index	22-06-16	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from S&P Global BMI Index	22-06-16	CI
National Vision Shares Rise Ahead of Joining S&P SmallCap 600 on Thursday	22-06-14	MT
Sector Update: Consumer Stocks Advance Premarket Tuesday	22-06-14	MT
National Vision to Join S&P SmallCap 600 Thursday -- Stock Jumps 10% After-Hours	22-06-13	MT
Renewable Energy Group, Inc. Terminates and Repays in Full All Outstanding Obligations Due Under the Credit Agreement	22-06-13	CI
Renewable Energy Group, Inc. Announces Management Changes	22-06-13	CI
Renewable Energy Group, Inc.(NasdaqGS:REGI) dropped from NASDAQ Composite Index	22-06-13	CI
Chevron Corporation completed the acquisition of Renewable Energy Group, Inc. from State Street Corporation, BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors LP, Ameriprise Financial, Inc. and others.	22-06-12	CI
Booster Fuels, Inc. announced that it has received $125 million in funding from a group of investors	22-05-24	CI
Renewable Energy Group Teams Up With Cardlock Fuel Firms CFN, Pacific Pride	22-05-18	MT
Renewable Energy Group Enters Strategic Partnership with CFN and Pacific Pride to Expand Distribution of Cleaner Fuels	22-05-18	CI
Renewable Energy Group Shareholders Approve Takeover by Chevron	22-05-17	MT
Tranche Update on Renewable Energy Group, Inc.'s Equity Buyback Plan announced on March 5, 2020.	22-05-05	CI
Earnings Flash (REGI) RENEWABLE ENERGY GROUP Posts Q1 Revenue $933.1M, vs. Street Est of $722.6M	22-05-04	MT
Renewable Energy Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-04	CI
Renewable Energy Group, Inc. acquired Dawson Oil Company from family for approximately $40 million.	22-05-01	CI
Booster Fuels, Inc. announced that it expects to receive $296.062897 million in funding from a group of investors	22-03-31	CI
Renewable Energy Group, Inc. Launches Branded Fuel Product Line to Help Customers Transition to Sustainable Fuels, Lower Emissions	22-03-30	CI
Wall Street’s rebound didn’t last long	22-03-10

Chart Renewable Energy Group, Inc.

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Company Profile

Renewable Energy Group, Inc. is focused on providing cleaner, lower carbon transportation fuels. The Company is a global producer and supplier of renewable fuels, such as biodiesel and renewable diesel, renewable chemicals and other products. Its segments include Bio-based Diesel, Services segment and Corporate and other. The Bio-based Diesel segment processes waste vegetable oils, animal fats, virgin vegetable oils and other feedstocks into bio-based diesel. Bio-based Diesel segment also includes the Company's purchases and resales of bio-based diesel produced by third parties. The Services segment offers services for managing the construction of bio-based diesel production facilities and managing ongoing operations of third-party plants and collects fees related to the services provided. The Corporate and Other segment includes trading activities related to petroleum-based heating oil and diesel fuel, including the petroleum portion of sales of biodiesel with petroleum-based diesel.

Sector

Renewable Fuels

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