Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
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.
MarketClub’s Trade Triangles for RENE
The long-term trend has been UP since Nov 4th, 2022 at 10.2800
The intermediate-term trend has been UP since Oct 25th, 2022 at 10.0868
The short-term trend has been UP since Nov 9th, 2023 at 10.8750
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).
|52wk High||11.92||52wk High Date||2023-09-25|
|52wk Low||10.18||52wk Low Date||2022-12-01|
|Average Volume||65,646||Shares Outstanding||28,750|