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(RENN) Renren Inc complete technical analysis [charts+indicators] | Buy/Sell Renren Inc | (RENN) share price targets

Complete technical analysis of Renren Inc (RENN) by charts plus indicators, forecast predictions and share price targets for Renren Inc (RENN)

Renren Inc trades in USA in Technology sector.

10 day averaged volume of Renren Inc is 50370

Date Daily Closing Price Open High Low Volume
12 Mon Apr 2021 8.10 8.29 8.34 7.63 2.168 times
09 Fri Apr 2021 8.50 8.88 9.07 8.44 0.752 times
08 Thu Apr 2021 8.70 8.12 8.95 8.02 0.971 times
07 Wed Apr 2021 8.24 8.57 8.84 8.11 0.621 times
06 Tue Apr 2021 8.70 8.92 9.17 8.52 0.623 times
05 Mon Apr 2021 8.82 9.05 9.06 8.62 0.82 times
01 Thu Apr 2021 8.93 8.84 9.48 8.84 0.822 times
31 Wed Mar 2021 9.05 8.75 9.20 8.63 1.016 times
30 Tue Mar 2021 8.85 9.44 9.44 8.78 1.112 times
29 Mon Mar 2021 9.50 10.16 10.20 9.50 1.398 times

Stock of Renren Inc (RENN) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7.8, for a target of 8.7 or 9.43

Share price targets for Renren Inc (RENN)

Target Type Value
Downside Target 4.55
Downside Target 5.67
Downside Target 6.51
Downside Target 7.48
Downside Target 7.63
Downside Target 8.02
Upside Target 8.34
Upside Target 8.63
Upside Target 9.17
Upside Target 9.40
Upside Target 9.70
Upside Target 9.95
Upside Target 10.20
Upside Target 10.55
Upside Target 11.50
Upside Target 11.84

Intraday share price targets for Renren Inc (RENN)

Target Type Value
Downside Intraday Target 7.71
Downside Intraday Target 7.31
Upside Intraday Target 8.42
Upside Intraday Target 8.73
Downside Intraday Target 8.02

Weekly technical analysis of Renren Inc (RENN)

Date Weekly Closing Price Open High Low Volume
12 Mon Apr 2021 8.10 8.29 8.34 7.63 0.572 times
09 Fri Apr 2021 8.50 9.05 9.17 8.02 0.871 times
01 Thu Apr 2021 8.93 10.16 10.20 8.63 0.347 times
26 Fri Mar 2021 10.07 10.09 10.55 9.40 0.476 times
19 Fri Mar 2021 10.08 11.28 11.50 9.95 1.766 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Renren Inc (RENN)

Date Monthly Closing Price Open High Low Volume
12 Mon Apr 2021 8.10 8.84 9.48 7.63 0.081 times
31 Wed Mar 2021 9.05 8.41 11.50 5.67 0.712 times
26 Fri Feb 2021 8.35 6.64 11.84 6.51 3.11 times
29 Fri Jan 2021 6.71 4.77 9.70 4.55 0.604 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Renren Inc (RENN)

Indicator Name Indicator Value Indicator Signal
ADX 18, 31, 28 Sell
MACD 0, 0Sell
Stochastics 21Sell
CCI -164Sell
RSI 49Sell
OBV 661700Sell
VWAP 9Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Renren Inc ( (RENN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Renren Inc ( (RENN) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Renren Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Renren Inc in short term but the sell signal is initial and weak.

Renren Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Renren Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Renren Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.72 and Renren Inc (RENN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Renren Inc (RENN) stock. Volume based technical analysis of Renren Inc (RENN) stock is negative.

Renren Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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