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Stock Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

Strong Downtrend (-100) - RNRG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RNRG continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RNRG?

MarketClub looks at technical strength and momentum to determine if the timing is right for RNRG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RNRG
Open High Low RNRG Price Change
14.4700 14.6599 14.4700 14.5600 +0.1500
Entry Signal

MarketClub’s Trade Triangles for RNRG

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 15.23

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2021 at 16.22

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 14.59

Smart Scan Analysis for RNRG

Based on our trend formula, RNRG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RNRG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4700 14.6599 14.4700 14.5600 +0.1500
Prev. Close Volume Bid Ask Time
14.4100 61274 2022-01-19 15:59:53
52wk High19.9952wk High Date2021-01-25
52wk Low14.3852wk Low Date2022-01-18
Average Volume66,894Shares Outstanding8,440
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