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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

Long-Term Uptrend (+90) - RNRG is in a strong uptrend that is likely to continue. While RNRG 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 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.

NASDAQ_RNRG
Open High Low RNRG Price Change
16.750 16.880 16.730 16.751 +0.121
Entry Signal

MarketClub’s Trade Triangles for RNRG

long term up The long-term trend has been UP since Oct 26th, 2021 at 16.76

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 16.30

short term up The short-term trend has been UP since Oct 12th, 2021 at 15.60

Smart Scan Analysis for RNRG

Based on our trend formula, RNRG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RNRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.750 16.880 16.730 16.751 +0.121
Prev. Close Volume Bid Ask Time
16.630 26285 2021-10-27 15:58:31
52wk High20.249952wk High Date2021-01-07
52wk Low14.7252wk Low Date2021-03-05
Average Volume35,377Shares Outstanding8,740
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