RENT THE RUNWAY INC-A (RENT)

US76010Y2028 - Common Stock

13.62  +1.24 (+10.02%)

Premarket: 14.1 +0.48 (+3.52%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to RENT. Recently some decent action could be observed, but in the medium term time frame this is still negative. RENT was also a bad performer in the overall market in the last year.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than RENT.
RENT is one of the lesser performing stocks in the Specialty Retail industry. 64% of 126 stocks in the same industry do better.
RENT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RENT is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
RENT has an average volume of 1995630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RENT has a been trading in the 4.46 - 28.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RENT Weekly chart
RENT Daily chart
Setup Rating and Analysis

5

RENT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

10.71

18.58

We found 1 important support area.

  • A support zone ranging from 10.82 to 10.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @15.77 from a trend line in the weekly time frame.
  • Resistance @16.66 from a trend line in the weekly time frame.
  • Resistance @18.40 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.34
Mansfield-3.99
10 Day High13.89
10 Day Low9.35
20 Day High28.9
20 Day Low4.46
52 Week High58
52 Week Low4.46
Performance
1 Week18.02%
2 Weeks20.74%
1 Month156.02%
3 Month29.69%
6 Month36.15%
12 Month-71.51%
2 Year-84.27%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)59.93
LBB9.5
UBB14.38
RENT Daily chart

RENT THE RUNWAY INC-A

NASDAQ:RENT (5/2/2024, 7:16:18 PM)

Premarket: 14.1 +0.48 (+3.52%)

13.62

+1.24 (+10.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg10.02%
1 Week18.02%
2 Weeks20.74%
1 Month156.02%
3 Month29.69%
6 Month36.15%
12 Month-71.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.64
ATR(20)%25.9%
ATR Inc
Range Today2.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.89
10 Day Low9.35
20 Day High28.9
20 Day Low4.46
52 Week High58
52 Week Low4.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume345.10K
Volume Incr-93.01%
Vol(5)291.36K
Vol(50)2.00M