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Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
RENESAS ELECTRONICS CORP (NASDAQ:RNECF)
Long-Term Downtrend (-90) - RNECF is in a strong downtrend that is likely to continue. While RNECF 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 RNECF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNECF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RNECF
The long-term trend has been DOWN since Aug 1st, 2024 at 15.375
The intermediate-term trend has been DOWN since Oct 29th, 2024 at 13.870
The short-term trend has been DOWN since Dec 20th, 2024 at 12.820
Smart Scan Analysis for RNECF
Based on our trend formula, RNECF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.25 | 13.61 | 12.25 | 12.84 | +0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.84 | 3302 | 2024-12-20 15:25:00 |
| Year High | 12.46 | Year High Date | 2018-01-08 |
| Year Low | 4.75 | Year Low Date | 2018-11-26 |
| 52wk High | 21.24 | 52wk High Date | 2024-07-11 |
| 52wk Low | 10.43 | 52wk Low Date | 2024-08-05 |
| Average Volume | 29,079 | Assets | 316,700,300M |
| Liabilities | 116,545,000M | Volatility | 104.33 |