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RENREN INC-ADR (RENN) Stock Technical Analysis

NYSE:RENN - New York Stock Exchange, Inc. - US7598923008 - ADR - Currency: USD

1.65  -0.05 (-2.94%)

After market: 1.75 +0.1 (+6.06%)

Technical Rating and Analysis

4

Taking everything into account, RENN scores 4 out of 10 in our technical rating. In the past year, RENN 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.

92% of all other stocks performed better in the past year than RENN.
RENN is one of the lesser performing stocks in the Software industry. 78% of 284 stocks in the same industry do better.
RENN 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 RENN has a been trading in the 0.87 - 1.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RENREN INC-ADR / RENN Weekly stock chart
RENREN INC-ADR / RENN Daily stock chart
Setup Rating and Analysis

3

RENN has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

1.63

1.73

When analyzing the resistance we notice one important area.

  • Resistance @1.71 from a horizontal 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
CRS8.66
Mansfield-9.04
10 Day High1.8
10 Day Low1.21
20 Day High1.8
20 Day Low0.87
52 Week High33.91
52 Week Low0.87
Performance
1 Week15.38%
2 Weeks29.92%
1 Month73.68%
3 Month19.57%
6 Month18.71%
12 Month-94.44%
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)0.06
RSI(14)75.91
LBB0.97
UBB1.77
RENREN INC-ADR / RENN Daily stock chart

RENREN INC-ADR

NYSE:RENN (6/21/2023, 8:04:00 PM)

After market: 1.75 +0.1 (+6.06%)

1.65

-0.05 (-2.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.94%
1 Week15.38%
2 Weeks29.92%
1 Month73.68%
3 Month19.57%
6 Month18.71%
12 Month-94.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.29%
ATR Inc29.55%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.66
Mansfield-9.04
10 Day High1.8
10 Day Low1.21
20 Day High1.8
20 Day Low0.87
52 Week High33.91
52 Week Low0.87
CS1 EndN/A
CR1 Start1.71
Volume & EV
DER(3)3.07%
DER(5)5.17%
Volume74.50K
Volume Incr31.64%
Vol(5)66.76K
Vol(50)40.91K