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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
ReNew Energy Global plc - Class A Shares (NASDAQ:RNW)
Bull Market Weakness (+75) - RNW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RNW as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for RNW
The long-term trend has been UP since Jun 10th, 2024 at 6.73
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 5.84
The short-term trend has been UP since Oct 25th, 2024 at 6.05
Smart Scan Analysis for RNW
Based on our trend formula, RNW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.980 | 6.085 | 5.975 | 6.040 | +0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.030 | 377701 | 2024-10-25 15:59:52 |
| 52wk High | 7.79 | 52wk High Date | 2024-01-02 |
| 52wk Low | 5.28 | 52wk Low Date | 2023-10-31 |
| Average Volume | 974,612 | Shares Outstanding | 270,135 |
| Assets | 895,052,000M | Liabilities | 789,612,000M |
| P/E Ratio | 145.8537 |