Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
808 RENEWABLE ENERGY CORP (NASDAQ:RNWR)
Strong Downtrend (-100) - RNWR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RNWR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RNWR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNWR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNWR
The long-term trend has been DOWN since Dec 14th, 2022 at 0.0500
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.0505
The short-term trend has been DOWN since May 26th, 2023 at 0.0188
Smart Scan Analysis for RNWR
Based on our trend formula, RNWR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.231||Year High Date||2018-11-07|
|Year Low||0.001||Year Low Date||2018-01-11|
|52wk High||0.115||52wk High Date||2022-06-13|
|52wk Low||0.0085||52wk Low Date||2023-05-12|
|Average Volume||25,570||Shares Outstanding||1,395,221|