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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.

Open High Low RENT Price Change
2.1300 2.1300 2.0400 2.0799 +0.0299
Entry Signal

MarketClub’s Trade Triangles for RENT

long term down The long-term trend has been DOWN since May 3rd, 2023 at 2.2300

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2023 at 2.1450

short term down 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).

Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1300 2.1300 2.0400 2.0799 +0.0299
Prev. Close Volume Bid Ask Time
2.0750 479437 2023-05-26 15:59:31
52wk High5.7452wk High Date2022-08-26
52wk Low1.152wk Low Date2022-11-22
Average Volume411,783Shares Outstanding63,391
P/E Ratio0.7598
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