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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Sidelines Mode (-55) - RENT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
10.1700 10.3200 9.6900 9.8002 -0.3398
Entry Signal

MarketClub’s Trade Triangles for RENT

long term down The long-term trend has been DOWN since Sep 6th, 2024 at 10.0100

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2024 at 10.5900

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 9.6357

Smart Scan Analysis for RENT

Based on our trend formula, RENT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.1700 10.3200 9.6900 9.8002 -0.3398
Prev. Close Volume Bid Ask Time
9.9500 45329 2024-10-25 15:58:46
52wk High41.8152wk High Date2024-05-17
52wk Low4.4652wk Low Date2024-04-05
Average Volume46,178Shares Outstanding3,653
Assets257,400,000MLiabilities411,900,000M
P/E Ratio-0.01530000
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