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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Rent the Runway, Inc. - Class A (NASDAQ:RENT)

Long-Term Uptrend (+90) - RENT is in a strong uptrend that is likely to continue. While RENT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid RENT?

MarketClub looks at technical strength and momentum to determine if the timing is right for RENT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RENT
Open High Low RENT Price Change
15.0000 15.0940 13.0900 13.2128 -2.0172
Entry Signal

MarketClub’s Trade Triangles for RENT

long term up The long-term trend has been UP since Apr 11th, 2024 at 15.92

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 8.00

short term up The short-term trend has been UP since May 1st, 2024 at 11.75

Smart Scan Analysis for RENT

Based on our trend formula, RENT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.0000 15.0940 13.0900 13.2128 -2.0172
Prev. Close Volume Bid Ask Time
13.2200 210794 2024-05-08 15:59:17
52wk High5852wk High Date2023-06-07
52wk Low4.4652wk Low Date2024-04-05
Average Volume4,143,069Shares Outstanding3,361
Assets278,500,000MLiabilities400,800,000M
P/E Ratio-0.01530000
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