RENOVARO INC (RENB)
US29350E1047 - Common Stock
We assign a technical rating of 1 out of 10 to RENB. RENB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
When comparing the yearly performance of all stocks, RENB is a bad performer in the overall market: 95% of all stocks are doing better.
RENB is part of the Biotechnology industry. There are 564 other stocks in this industry, of which 80% are performing better than RENB.
RENB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RENB 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.
In the last month RENB has a been trading in the 0.40 - 1.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RENB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. 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
0.61
0.80
When analyzing the resistance we notice 3 important areas.
- Resistance @0.69 from a horizontal line in the weekly time frame.
- Resistance @0.73 from a trend line in the daily time frame.
- Resistance @0.79 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.58
Mansfield-7.25
10 Day High0.72
10 Day Low0.47
20 Day High1.01
20 Day Low0.4
52 Week High5.25
52 Week Low0.4
Performance
1 Week16.27%
2 Weeks5.21%
1 Month44.08%
3 Month-0.05%
6 Month-45.16%
12 Month-78.92%
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)53.83
LBB0.38
UBB0.83
RENOVARO INC
NASDAQ:RENB (11/4/2024, 8:00:02 PM)
After market: 0.6197 0 (0%)0.6197
+0.08 (+15.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg15.44%
1 Week16.27%
2 Weeks5.21%
1 Month44.08%
3 Month-0.05%
6 Month-45.16%
12 Month-78.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%19.13%
ATR Inc
Range Today0.14
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 High0.72
10 Day Low0.47
20 Day High1.01
20 Day Low0.4
52 Week High5.25
52 Week Low0.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume265.70K
Volume Incr-65.17%
Vol(5)268.40K
Vol(50)515.94K