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Stock Trend Analysis Report

Prepared for you on Sunday, December 1, 2024.

ReNew Energy Global plc - Class A Shares (NASDAQ:RNW)

Crossroads (+60) - RNW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RNW?

MarketClub looks at technical strength and momentum to determine if the timing is right for RNW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RNW
Open High Low RNW Price Change
6.11 6.12 5.99 6.03 -0.06
Entry Signal

MarketClub’s Trade Triangles for RNW

long term down The long-term trend has been DOWN since Nov 4th, 2024 at 5.430

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2024 at 5.985

short term up The short-term trend has been UP since Nov 21st, 2024 at 5.620

Smart Scan Analysis for RNW

Based on our trend formula, RNW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RNW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.11 6.12 5.99 6.03 -0.06
Prev. Close Volume Bid Ask Time
6.03 255442 2024-11-29 12:59:15
52wk High7.7952wk High Date2024-01-02
52wk Low5.150152wk Low Date2024-11-06
Average Volume766,764Shares Outstanding270,135
Assets930,728,000MLiabilities818,297,000M
P/E Ratio85.7746
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