Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Global X Renewable Energy Producers ETF (NASDAQ:RNRG)
Strong Downtrend (-100) - RNRG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RNRG?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNRG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNRG
The long-term trend has been DOWN since Feb 12th, 2021 at 18.2000
The intermediate-term trend has been DOWN since May 4th, 2021 at 15.6100
The short-term trend has been DOWN since Apr 28th, 2021 at 16.2097
Smart Scan Analysis for RNRG
Based on our trend formula, RNRG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.2499||52wk High Date||2021-01-07|
|52wk Low||12.5||52wk Low Date||2020-05-14|
|Average Volume||101,596||Shares Outstanding||7,880|