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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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

Bear Market Rally (-75) - RENT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RENT as it may be in the beginning of a reversal.

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
9.4900 9.7429 8.7250 9.2800 -0.1600
Entry Signal

MarketClub’s Trade Triangles for RENT

long term down The long-term trend has been DOWN since Sep 6th, 2024 at 10.01

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 9.06

short term up The short-term trend has been UP since Nov 20th, 2024 at 9.70

Smart Scan Analysis for RENT

Based on our trend formula, RENT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.4900 9.7429 8.7250 9.2800 -0.1600
Prev. Close Volume Bid Ask Time
9.2600 57542 2024-11-20 15:13:19
52wk High41.8152wk High Date2024-05-17
52wk Low4.4652wk Low Date2024-04-05
Average Volume50,840Shares Outstanding3,653
Assets257,400,000MLiabilities411,900,000M
P/E Ratio-0.01530000
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