RENEW ENERGY GLOBAL -CW26 (RNWWW) Stock Technical Analysis
NASDAQ:RNWWW - Nasdaq - - Currency: USD
Taking everything into account, RNWWW scores 3 out of 10 in our technical rating. In the past year, RNWWW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% of all other stocks performed better in the past year than RNWWW.
RNWWW 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 RNWWW is lagging the market.
Warning: RNWWW has an average volume of 7058 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RNWWW has a been trading in the 0.09 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of RNWWW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.13
0.19
When analyzing the support we notice one important area.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.19 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for RNWWW is neutral. |
| ChartMill Relative Strength | 16.66 | NEGATIVE | RNWWW has a low relative strength, it was outperformed by 83.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RNWWW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNWWW is above the rising 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) | 50.44 | NEUTRAL | The RSI value for RNWWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RNWWW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.43 | NEUTRAL | The Stochastics value for RNWWW is a neutral value. |
| Average True Range in percent/ATR (20) | 16.66 | HIGH VOLATILITY | The high ATR as a percentage value for RNWWW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for RNWWW suggests a possible start of a new trend. |
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)
NASDAQ:RNWWW (6/6/2025, 10:33:47 AM)
0.1449
+0 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week-23.74%
2 Weeks15.92%
1 Month44.9%
3 Month31.73%
6 Month-30%
12 Month-67.8%
2 Year-81.89%
3 Year-85.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%16.66%
ATR Inc-13.96%
Range Today0
ADR(20)0.02
ADR(20)%14.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.66
Mansfield-4.94
10 Day High0.19
10 Day Low0.12
20 Day High0.19
20 Day Low0.09
52 Week High0.7
52 Week Low0.08
CS1 End0.13
CR1 Start0.15
Volume & EV
DER(3)-6.6%
DER(5)-11.09%
Volume400
Volume Incr-47.41%
Vol(5)3.00K
Vol(50)7.06K