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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
ReNew Energy Global plc - Class A Shares (NASDAQ:RNW)
Countertrend Down (-85) - RNW 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 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 DOWN since Mar 18th, 2024 at 6.050
The intermediate-term trend has been DOWN since Jan 11th, 2024 at 7.150
The short-term trend has been UP since Apr 19th, 2024 at 5.585
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.710 | 5.710 | 5.610 | 5.625 | -0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.710 | 242180 | 2024-04-25 12:21:21 |
| 52wk High | 7.79 | 52wk High Date | 2024-01-02 |
| 52wk Low | 4.78 | 52wk Low Date | 2023-10-06 |
| Average Volume | 733,708 | Shares Outstanding | 270,135 |
| Assets | 662,314,000M | Liabilities | 549,660,000M |