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Munafa Renren Inc. (RENN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Munafa Renren Inc. (RENN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Renren Inc. intraday tips for today and tomorrow

Renren Inc. (RENN) Indicator analysis

Moving Averages for Renren Inc.

  • 5Day Average: 1.6
  • 12Day Average: 1.46
  • 20Day Average: 1.27
  • 50Day Average: 1.19
  • 100Day Average: 1.4
  • 150Day Average: 5.87
  • 200Day Average: 12.15

RENN Indicators & signals

Indicator MACD (12,26,9)

1.46, 1.33, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 43.75, 43.75
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RENN Renren Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Wed Jun 2023 1.65 1.65 to 1.80 -2.94% 1.3 times
20 Tue Jun 2023 1.70 1.56 to 1.75 8.97% 0.89 times
16 Fri Jun 2023 1.56 1.47 to 1.72 0% 1.36 times
16 Fri Jun 2023 1.56 1.47 to 1.72 1.3% 1.36 times
15 Thu Jun 2023 1.54 1.41 to 1.55 8.45% 0.8 times
14 Wed Jun 2023 1.42 1.41 to 1.63 -0.7% 1.46 times
13 Tue Jun 2023 1.43 1.39 to 1.44 3.62% 0.73 times
12 Mon Jun 2023 1.38 1.34 to 1.42 2.22% 0.48 times
09 Fri Jun 2023 1.35 1.32 to 1.38 -0.74% 0.72 times
08 Thu Jun 2023 1.36 1.28 to 1.41 7.09% 1.34 times
07 Wed Jun 2023 1.27 1.21 to 1.30 0% 0.85 times
06 Tue Jun 2023 1.27 1.12 to 1.36 12.39% 1.56 times

Renren Inc RENN intraday stock tips

21 Wednesday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.6, but if it comes below 1.6, then a intra day sell could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.35 as target. However if you take a buy trade in Renren Inc, then use 1.6 as stoploss and 1.9 as target.

20 Tuesday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.6, but if it comes below 1.6, then a intra day sell could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.32 as target. However if you take a buy trade in Renren Inc, then use 1.6 as stoploss and 1.9 as target.

16 Friday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.5, but if it comes below 1.5, then a intra day sell could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.28 as target. However if you take a buy trade in Renren Inc, then use 1.5 as stoploss and 1.8 as target.

16 Friday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.5, but if it comes below 1.5, then a intra day sell could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.25 as target. However if you take a buy trade in Renren Inc, then use 1.5 as stoploss and 1.7 as target.

15 Thursday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.4, but if it comes below 1.4, then a intra day sell could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.22 as target. However if you take a buy trade in Renren Inc, then use 1.4 as stoploss and 1.7 as target.

14 Wednesday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.4, but if it comes below 1.4, then a intra day sell could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.19 as target. However if you take a buy trade in Renren Inc, then use 1.4 as stoploss and 1.6 as target.

13 Tuesday June Stock tips for Renren Inc (RENN) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Renren Inc RENN gave a large move recently.

My analysis of Renren Inc is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Renren Inc stays above 1.4, but if it comes below 1.4, then a intra day sell could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.17 as target. However if you take a buy trade in Renren Inc, then use 1.4 as stoploss and 1.6 as target.

Renren Inc RENN tips for tomorrow

Tomorrow's movement Prediction of Renren Inc RENN is strongly bearish. It has broken a strong support of 2 and is expected to move down further.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Munafa Renren Inc. (RENN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

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Munafa Renren Inc. (RENN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

 

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