Stock Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Renewal Fuels Inc (NASDAQ:RNWF)
Sidelines Mode (-55) - RNWF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 27th, 2019 at 0.0003
The intermediate-term trend has been DOWN since May 14th, 2020 at 0.0014
The short-term trend has been UP since Jun 1st, 2020 at 0.0018
Smart Scan Analysis for RNWF
Based on our trend formula, RNWF is rated as a -55 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||0.0025||52wk High Date||2020-03-03|
|52wk Low||0.0001||52wk Low Date||2019-09-04|
|Average Volume||2,891,195||Shares Outstanding||38,776|