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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
RenaissanceRe Holdings Ltd. (NYSE:RNR)
Bull Market Weakness (+75) - RNR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RNR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RNR
The long-term trend has been DOWN since May 1st, 2024 at 213.40
The intermediate-term trend has been UP since May 1st, 2024 at 227.96
The short-term trend has been UP since May 7th, 2024 at 224.27
Smart Scan Analysis for RNR
Based on our trend formula, RNR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 226.990 | 227.900 | 225.000 | 227.015 | +0.405 |
| Prev. Close | Volume | Bid | Ask | Time |
| 226.610 | 46387 | 2024-05-09 12:58:32 |
| Year High | 142.56 | Year High Date | 2018-10-02 |
| Year Low | 116.5 | Year Low Date | 2018-01-10 |
| 52wk High | 239.42 | 52wk High Date | 2024-03-15 |
| 52wk Low | 174.22 | 52wk Low Date | 2023-08-21 |
| Year End Close | 81.26 | Average Volume | 366,348 |
| Shares Outstanding | 96,414 | Short Interest | 648,266 |
| % Institutional | 88.6 | Market Cap | 8,378M |
| Assets | 509,443,340M | Liabilities | 411,515,490M |
| P/E Ratio | 4.8246 | Beta | 0.36 |
| Volatility | 29.63 |