MENU
+Compare
RNRG
ETF ticker: NASDAQ
AS OF
Mar 3, 04:59 PM (EDT)
Price
$8.45
Change
-$0.07 (-0.82%)
Net Assets
25.91M

RNRG Global X Renewable Energy Producers ETF Forecast, Technical & Fundamental Analysis

The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx Renewable Energy Producers Index... Show more

Category: #Utilities
RNRG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
a Summary for RNRG with price predictions
Feb 28, 2025

RNRG in -2.68% downward trend, declining for three consecutive days on February 27, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RNRG declined for three days, in of 311 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where RNRG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

RNRG moved below its 50-day moving average on February 27, 2025 date and that indicates a change from an upward trend to a downward trend.

The Aroon Indicator for RNRG entered a downward trend on February 19, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 14, 2025. You may want to consider a long position or call options on RNRG as a result. In of 74 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 RNRG just turned positive on February 05, 2025. Looking at past instances where RNRG's MACD turned positive, the stock continued to rise in of 41 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 RNRG advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .

RNRG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

View a ticker or compare two or three
RNRG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category Utilities

Profile
Fundamentals
Details
Category
Utilities
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
TXN195.994.69
+2.45%
Texas Instruments
APLD8.000.17
+2.17%
Applied Digital Corp
CFR137.031.54
+1.14%
Cullen/Frost Bankers
ALTG5.480.06
+1.11%
Alta Equipment Group
KPTI7.95-0.40
-4.79%
Karyopharm Therapeutics Inc.

RNRG and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, RNRG has been loosely correlated with FUTY. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if RNRG jumps, then FUTY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNRG
1D Price
Change %
RNRG100%
+0.83%
FUTY - RNRG
62%
Loosely correlated
+1.51%
VPU - RNRG
62%
Loosely correlated
+1.42%
IDU - RNRG
61%
Loosely correlated
+1.54%
XLU - RNRG
60%
Loosely correlated
+1.53%
RSPU - RNRG
44%
Loosely correlated
+1.65%
More