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RNW
Stock ticker: NASDAQ
AS OF
Jun 3, 04:59 PM (EDT)
Price
$6.94
Change
+$0.19 (+2.81%)
Capitalization
2.19B

RNW ReNew Energy Global plc Forecast, Technical & Fundamental Analysis

ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner... Show more

RNW
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for RNW with price predictions
Jun 02, 2025

RNW in upward trend: 10-day moving average crossed above 50-day moving average on April 25, 2025

The 10-day moving average for RNW crossed bullishly above the 50-day moving average on April 25, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 09, 2025. You may want to consider a long position or call options on RNW as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 50-day moving average for RNW moved above the 200-day moving average on May 13, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RNW advanced for three days, in of 199 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 154 cases where RNW 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 10-day RSI Indicator for RNW moved out of overbought territory on May 29, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 48 cases where RNW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for RNW turned negative on June 02, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 35 similar instances when the indicator turned negative. In of the 35 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RNW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.758) is normal, around the industry mean (1.844). P/E Ratio (61.744) is within average values for comparable stocks, (104.447). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.051) among similar stocks. P/S Ratio (2.111) is also within normal values, averaging (22.824).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RNW’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

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RNW
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
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A.I. Advisor
published Earnings

RNW is expected to report earnings to fall 99.84% to -1 cents per share on June 14

ReNew Energy Global plc RNW Stock Earnings Reports
Q1'23
Est.
$-0.02
Q4'24
Missed
by $4.40
Q3'24
Beat
by $1.91
Q2'24
Missed
by $5.28
Q1'24
Beat
by $4.36
The last earnings report on February 18 showed earnings per share of -939 cents, missing the estimate of -500 cents. With 355.91K shares outstanding, the current market capitalization sits at 2.19B.
A.I. Advisor
published General Information

General Information

Industry AlternativePowerGeneration

Profile
Fundamentals
Details
Industry
N/A
Address
C/o Vistra (UK) Ltd.
Phone
N/A
Employees
2481
Web
https://www.renewpower.in
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RNW and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, RNW has been loosely correlated with BEPC. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if RNW jumps, then BEPC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNW
1D Price
Change %
RNW100%
-0.88%
BEPC - RNW
41%
Loosely correlated
-1.46%
BEP - RNW
40%
Loosely correlated
-0.50%
CWEN - RNW
37%
Loosely correlated
+0.09%
ORA - RNW
35%
Loosely correlated
-0.78%
NPIFF - RNW
34%
Loosely correlated
-1.20%
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