Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Renren Inc. American Depositary Shares, each representing fifteen Class A ordinary shares (NYSE:RENN)
Long-Term Uptrend (+90) - RENN is in a strong uptrend that is likely to continue. While RENN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RENN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RENN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RENN
The long-term trend has been UP since Oct 7th, 2020 at 4.48
The intermediate-term trend has been UP since Aug 24th, 2021 at 10.78
The short-term trend has been UP since Oct 22nd, 2021 at 25.47
Smart Scan Analysis for RENN
Based on our trend formula, RENN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||18.7||Year High Date||2018-01-03|
|Year Low||1.32||Year Low Date||2018-10-31|
|52wk High||26.55||52wk High Date||2021-10-14|
|52wk Low||3.6001||52wk Low Date||2020-11-02|
|Year End Close||3.45||Average Volume||629,341|
|Shares Outstanding||48,898||Short Interest||4,416,807|
|% Institutional||25.8||Market Cap||61M|