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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Global X Renewable Energy Producers ETF (NASDAQ:RNRG)
Countertrend Down (-85) - RNRG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for RNRG
The long-term trend has been DOWN since Mar 19th, 2024 at 9.57
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 9.57
The short-term trend has been UP since Apr 23rd, 2024 at 9.45
Smart Scan Analysis for RNRG
Based on our trend formula, RNRG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.520 | 9.490 | 9.390 | 9.405 | -0.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.500 | 9187 | 2024-04-25 10:06:48 |
| 52wk High | 12.47 | 52wk High Date | 2023-06-16 |
| 52wk Low | 9.12 | 52wk Low Date | 2023-10-23 |
| Average Volume | 10,518 | Shares Outstanding | 4,290 |