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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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

Long-Term Uptrend (+90) - RENT is in a strong uptrend that is likely to continue. While RENT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
14.1500 17.6899 12.2676 12.3408 -2.3792
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 up The intermediate-term trend has been UP since Apr 10th, 2024 at 8.00

short term up The short-term trend has been UP since Apr 9th, 2024 at 5.98

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
14.1500 17.6899 12.2676 12.3408 -2.3792
Prev. Close Volume Bid Ask Time
14.7200 1801038 2024-04-16 15:59:31
52wk High64.152wk High Date2023-04-24
52wk Low4.4652wk Low Date2024-04-05
Average Volume3,872,413Shares Outstanding3,361
Assets278,500,000MLiabilities400,800,000M
P/E Ratio-0.17190000
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