Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
RENO GOLD CORP (NASDAQ:RNGG)
Long-Term Downtrend (-90) - RNGG is in a strong downtrend that is likely to continue. While RNGG 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 RNGG?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNGG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNGG
The long-term trend has been DOWN since May 2nd, 2023 at 0.0067
The intermediate-term trend has been DOWN since Sep 6th, 2023 at 0.0150
The short-term trend has been DOWN since Sep 25th, 2023 at 0.0134
Smart Scan Analysis for RNGG
Based on our trend formula, RNGG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.028||52wk High Date||2022-10-19|
|52wk Low||0.0034||52wk Low Date||2022-10-12|