ReNew Energy Global Plc
Price Action
Technical Summary
WEAKENINGReNew Energy Global Plc is in a technical downtrend, trading below key resistance levels with a broken trend structure. Relative strength is weak (RS Rating: 29), showing significant lag compared to the market leaders. Earnings growth of 95% provides fundamental context to the price action. A decisive close above the 200-day moving average is required to signal a potential trend reversal.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $5.39 | +2.42% | ABOVE |
| 50 SMA | $5.46 | +1.16% | ABOVE |
| 100 SMA | $6.48 | -14.87% | BELOW |
| 150 SMA | $6.89 | -19.83% | BELOW |
| 200 SMA | $6.93 | -20.33% | BELOW |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is RNW in an uptrend right now?
RNW has a trend score of 1/4 based on Minervini's Stage Analysis. Currently showing broken structure - 1 of 4 trend criteria are met.
Is RNW overbought or oversold?
RNW's RSI (14) is 54. The stock is in neutral territory, neither overbought nor oversold.
Is RNW outperforming the market?
RNW has a Relative Strength (RS) Rating of 29 out of 99. RNW is currently lagging the broader market.
Where is RNW in its 52-week range?
RNW is trading at $5.52, which is 67% of its 52-week high ($8.24) and 15% above its 52-week low ($5.04).
How volatile is RNW?
RNW has a Beta of 0.52 and 52-week volatility of 39%. It's less volatile than the S&P 500 - generally more stable.