Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Renewal Fuels Inc (NASDAQ:RNWF)
Long-Term Downtrend (-90) - RNWF is in a strong downtrend that is likely to continue. While RNWF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RNWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNWF
The long-term trend has been DOWN since May 6th, 2021 at 0.0048
The intermediate-term trend has been DOWN since May 6th, 2021 at 0.0048
The short-term trend has been DOWN since Apr 28th, 2021 at 0.0053
Smart Scan Analysis for RNWF
Based on our trend formula, RNWF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0009||Year High Date||2018-03-05|
|Year Low||0.0001||Year Low Date||2018-01-10|
|52wk High||0.0198||52wk High Date||2020-08-11|
|52wk Low||0.0012||52wk Low Date||2020-06-05|
|Average Volume||4,126,515||Shares Outstanding||38,776|