Stock Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
Mount Rainier Acquisition Corp. - Warrant (NASDAQ:RNERW)
Bear Market Rally (-75) - RNERW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RNERW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RNERW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNERW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNERW
The long-term trend has been DOWN since May 11th, 2022 at 0.1100
The intermediate-term trend has been DOWN since May 2nd, 2022 at 0.2131
The short-term trend has been UP since May 18th, 2022 at 0.1629
Smart Scan Analysis for RNERW
Based on our trend formula, RNERW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.3816||52wk High Date||2022-03-23|
|52wk Low||0.053||52wk Low Date||2022-05-11|