Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, December 30, 2024.

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

Countertrend Up (+85) - RNW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
6.790 6.845 6.750 6.845 +0.025
Entry Signal

MarketClub’s Trade Triangles for RNW

long term up The long-term trend has been UP since Dec 11th, 2024 at 6.680

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

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 7.050

Smart Scan Analysis for RNW

Based on our trend formula, RNW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RNW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.790 6.845 6.750 6.845 +0.025
Prev. Close Volume Bid Ask Time
6.820 129633 2024-12-30 11:34:11
52wk High7.7952wk High Date2024-01-02
52wk Low5.150152wk Low Date2024-11-06
Average Volume1,547,306Shares Outstanding270,135
Assets930,728,000MLiabilities818,297,000M
P/E Ratio96.0563
Get a free daily analysis and signals for ReNew Energy Global plc - Class A Shares (RNW) - Request Your Free Report.