Stock Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
Rent the Runway, Inc. (NASDAQ:RENT)
Strong Downtrend (-100) - RENT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RENT continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for RENT
The long-term trend has been DOWN since May 3rd, 2023 at 2.2300
The intermediate-term trend has been DOWN since May 25th, 2023 at 2.1450
The short-term trend has been DOWN since May 24th, 2023 at 2.4013
Smart Scan Analysis for RENT
Based on our trend formula, RENT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.74||52wk High Date||2022-08-26|
|52wk Low||1.1||52wk Low Date||2022-11-22|
|Average Volume||411,783||Shares Outstanding||63,391|