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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Cartesian Growth Corporation II (NASDAQ:RENE)

Long-Term Uptrend (+90) - RENE is in a strong uptrend that is likely to continue. While RENE 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 RENE?

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

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

NASDAQ_RENE
Open High Low RENE Price Change
11.2000 11.2122 11.2050 11.2050 -0.0051
Entry Signal

MarketClub’s Trade Triangles for RENE

long term up The long-term trend has been UP since Nov 4th, 2022 at 10.2800

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2022 at 10.0868

short term up The short-term trend has been UP since Apr 2nd, 2024 at 11.1200

Smart Scan Analysis for RENE

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

+90
Smart Scan Analysis for RENE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.2000 11.2122 11.2050 11.2050 -0.0051
Prev. Close Volume Bid Ask Time
11.2101 4127 2024-05-08 15:58:03
52wk High11.9252wk High Date2023-09-25
52wk Low10.5552wk Low Date2023-05-11
Average Volume45,778Shares Outstanding21,621
Assets243,335,003MLiabilities17,916,478M
P/E Ratio23.0521
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