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Stock Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

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

Weak Downtrend (-65) - RENT is showing signs of a strengthening downtrend. Monitor RENT as it may be building momentum to the downside.

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
17.030 17.285 15.890 15.955 -0.815
Entry Signal

MarketClub’s Trade Triangles for RENT

long term up The long-term trend has been UP since Apr 11th, 2024 at 15.92

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 22.31

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 17.39

Smart Scan Analysis for RENT

Based on our trend formula, RENT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RENT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.030 17.285 15.890 15.955 -0.815
Prev. Close Volume Bid Ask Time
16.770 23602 2024-07-19 15:32:59
52wk High41.8152wk High Date2024-05-17
52wk Low4.4652wk Low Date2024-04-05
Average Volume66,095Shares Outstanding3,566
Assets278,400,000MLiabilities419,700,000M
P/E Ratio-0.01530000
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