RENOVARO INC (RENB) Stock Technical Analysis
NASDAQ:RENB - Nasdaq - US29350E1047 - Common Stock - Currency: USD
Overall RENB gets a technical rating of 1 out of 10. RENB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RENB is a bad performer in the overall market: 92% of all stocks are doing better.
RENB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RENB has a been trading in the 0.67 - 1.08 range, which is quite wide. It is currently trading near the lows of this range.
RENB has an average volume of 1343700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RENB is part of the Biotechnology industry. There are 572 other stocks in this industry, RENB did better than 43% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RENB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RENB 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.
More info and screens
0.57
1.77
We found 2 important support areas.
- A support zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.58 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.68
Mansfield-4.99
10 Day High1.06
10 Day Low0.67
20 Day High1.08
20 Day Low0.67
52 Week High3.6
52 Week Low0.4
Performance
1 Week-4.72%
2 Weeks-8.76%
1 Month-27.29%
3 Month14.68%
6 Month17.27%
12 Month-78.74%
2 YearN/A
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
RSI(14)42.68
LBB0.61
UBB0.96
RENOVARO INC
NASDAQ:RENB (2/5/2025, 8:23:57 PM)
After market: 0.7003 -0.03 (-3.69%)0.7271
+0.03 (+3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.8%
1 Week-4.72%
2 Weeks-8.76%
1 Month-27.29%
3 Month14.68%
6 Month17.27%
12 Month-78.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%13.78%
ATR Inc-27.65%
Range Today0.07
ADR(20)0.1
ADR(20)%13.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.68
Mansfield-4.99
10 Day High1.06
10 Day Low0.67
20 Day High1.08
20 Day Low0.67
52 Week High3.6
52 Week Low0.4
CS1 End0.7
CR1 Start0.74
Volume & EV
DER(3)4.84%
DER(5)4.88%
Volume387.60K
Volume Incr-63.49%
Vol(5)510.48K
Vol(50)1.34M