RNEW stock forecast, quote, news & analysis

RNEW saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for RNEW moved out of overbought territory on January 08, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 30 similar instances where the indicator exited the overbought zone. In of the 30 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RNEW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on RNEW as a result. In of 29 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for RNEW just turned positive on January 06, 2025. Looking at past instances where RNEW's MACD turned positive, the stock continued to rise in of 15 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RNEW advanced for three days, in of 122 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 81 cases where RNEW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .