RENEW ENERGY GLOBAL -CW26 (RNWWW) Stock Technical Analysis
NASDAQ:RNWWW
Taking everything into account, RNWWW scores 0 out of 10 in our technical rating. RNWWW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than RNWWW.
- RNWWW is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RNWWW has a been trading in the 0.00 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
RNWWW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for RNWWW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RNWWW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNWWW is down. |
| ChartMill Relative Strength | 1.31 | NEGATIVE | RNWWW has a low relative strength, it was outperformed by 98.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNWWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNWWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNWWW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.52 | NEUTRAL | The RSI value for RNWWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RNWWW has a negative trend. |
| Stochastics (14,3) | 7.56 | OVERSOLD | The low Stochastics value suggests RNWWW may be oversold. |
| Average True Range in percent/ATR (20) | 25.1 | HIGH VOLATILITY | The high ATR as a percentage value for RNWWW suggests high volalility. |
| Average Directional Index/ADX (14) | 56.27 | POSITIVE | The high ADX value value for RNWWW suggests a strong trend. |
NASDAQ:RNWWW (2/24/2026, 9:50:06 AM)
0.0044
0 (-10.2%)
RENEW ENERGY GLOBAL -CW26 / RNWWW FAQ
What is the technical rating for RNWWW stock?
ChartMill assigns a technical rating of 0 / 10 to RNWWW.
What is the trend direction for RNWWW stock?
The current trend direction for RENEW ENERGY GLOBAL -CW26 (RNWWW) is Bearish.
Can you provide the RSI signal for RENEW ENERGY GLOBAL -CW26?
RENEW ENERGY GLOBAL -CW26 (RNWWW) has an RSI value of 43.5212. This indicates that the stock is currently neutral.
What is the buy/sell signal for RNWWW stock?
The buy/sell signal for RENEW ENERGY GLOBAL -CW26 (RNWWW) is sell as both the short term and long term trends are negative.
What is the support and resistance level for RNWWW stock?
RENEW ENERGY GLOBAL -CW26 (RNWWW) has a resistance level at 0.01. Check the full technical report for our detailed analysis of RNWWW support and resistance levels.