RNRG Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Ascending RNRG on September 08, 2025, netting in a 3.50% gain over 3 weeks

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RNRG - Global X Renewable Energy Producers ETF

Ticker: RNRG

Company: Global X Renewable Energy Producers ETF

Gain: +3.5%

Confirmed: 09/08/25

Succeeded: 09/29/25

Total length: 24 days

RNRG's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for RNRG turned positive on September 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 04, 2025. You may want to consider a long position or call options on RNRG as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 265 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 225 cases where RNRG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 20 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

RNRG broke above its upper Bollinger Band on October 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.