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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Downtrend (-90) - RENT is in a strong downtrend that is likely to continue. While RENT is showing intraday strength, it remains in the confines of a bearish trend. 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.

NASDAQ_RENT
Open High Low RENT Price Change
8.1500 8.2546 8.0110 8.1300 -0.0200
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 down The intermediate-term trend has been DOWN since Dec 12th, 2024 at 8.7250

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 11.0001

Smart Scan Analysis for RENT

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

-90
Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.1500 8.2546 8.0110 8.1300 -0.0200
Prev. Close Volume Bid Ask Time
8.1400 14574 2024-12-24 12:59:55
52wk High41.8152wk High Date2024-05-17
52wk Low4.4652wk Low Date2024-04-05
Average Volume118,966Shares Outstanding3,727
Assets251,600,000MLiabilities422,800,000M
P/E Ratio-0.01530000
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