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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

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

Bear Market Rally (-75) - RNW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RNW as it may be in the beginning 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.

NASDAQ_RNW
Open High Low RNW Price Change
8.93 9.24 8.71 9.19 +0.28
Entry Signal

MarketClub’s Trade Triangles for RNW

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 8.9001

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 9.4700

short term up The short-term trend has been UP since Oct 26th, 2021 at 9.0200

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).

-75
Smart Scan Analysis for RNW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.93 9.24 8.71 9.19 +0.28
Prev. Close Volume Bid Ask Time
8.91 271277 2021-10-27 15:59:32
52wk High12.352wk High Date2021-09-29
52wk Low7.952wk Low Date2021-10-19
Average Volume1,722,823Shares Outstanding270,135
Assets346,645,741MLiabilities43,751,256M
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