Stock Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
Renovare Environmental, Inc. (NASDAQ:RENO)
Countertrend Down (-85) - RENO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RENO?
MarketClub looks at technical strength and momentum to determine if the timing is right for RENO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RENO
The long-term trend has been DOWN since Dec 15th, 2021 at 0.740100
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 0.438701
The short-term trend has been UP since May 13th, 2022 at 0.219499
Smart Scan Analysis for RENO
Based on our trend formula, RENO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.8501||52wk High Date||2021-07-09|
|52wk Low||0.171||52wk Low Date||2022-05-12|
|Average Volume||355,823||Shares Outstanding||32,999|