RNW
ReNew Energy Global·NASDAQ
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4.43 / 10
Netural
Technically, RNW is neutral with a score of 4.43/10. Bullish signals such as WR Oversold and RSI Oversold (both 6.4/10 and 6.32/10) are offset by MACD Golden Cross (3.08/10) and Long Lower Shadow (1/10). Historical win rates for these indicators range from 50% to 60%, suggesting limited predictive power. The recent pattern of oversold readings may offer short-term bounce potential, but trend-following traders should wait for a confirmed upswing before committing capital.
Analysis Checks(3/5)
Long Lower Shadow
Score1/10
Win Rate0.00%
Hist. Signals3
Avg Return-4.49%
Score1/10
Win Rate0.00%
Hist. Signals3
Avg Return-4.49%
MACD Death Cross
Score5.33/10
Win Rate57.14%
Hist. Signals7
Avg Return0.04%
Score5.33/10
Win Rate57.14%
Hist. Signals7
Avg Return0.04%
RSI Oversold
Score6.32/10
Win Rate60.00%
Hist. Signals5
Avg Return1.30%
Score6.32/10
Win Rate60.00%
Hist. Signals5
Avg Return1.30%
WR Oversold
Score6.4/10
Win Rate57.14%
Hist. Signals42
Avg Return0.65%
Score6.4/10
Win Rate57.14%
Hist. Signals42
Avg Return0.65%
MACD Golden Cross
Score3.08/10
Win Rate50.00%
Hist. Signals10
Avg Return-1.16%
Score3.08/10
Win Rate50.00%
Hist. Signals10
Avg Return-1.16%
Long Lower Shadow
Score1/10
Win Rate0.00%
Hist. Signals3
Avg Return-4.49%
Score1/10
Win Rate0.00%
Hist. Signals3
Avg Return-4.49%
WR Oversold
Score6.4/10
Win Rate57.14%
Hist. Signals42
Avg Return0.65%
Score6.4/10
Win Rate57.14%
Hist. Signals42
Avg Return0.65%
MACD Death Cross
Score5.33/10
Win Rate57.14%
Hist. Signals7
Avg Return0.04%
Score5.33/10
Win Rate57.14%
Hist. Signals7
Avg Return0.04%
MACD Golden Cross
Score3.08/10
Win Rate50.00%
Hist. Signals10
Avg Return-1.16%
Score3.08/10
Win Rate50.00%
Hist. Signals10
Avg Return-1.16%
RSI Oversold
Score6.32/10
Win Rate60.00%
Hist. Signals5
Avg Return1.30%
Score6.32/10
Win Rate60.00%
Hist. Signals5
Avg Return1.30%
What is the current technical signals for RNW?
- RNW presents a Netural setup with a Technical Score of 4.43/10. Key technical indicators highlight an RSI of 30.94 and a MACD of 0.03, with the trend anchored by the 50-Day SMA at 6.01. Traders should monitor key support at 5.09 and resistance at 5.28.
