(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 57460
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Jun 2023 | 1.65 | 1.74 | 1.80 | 1.65 | 1.297 times |
20 Tue Jun 2023 | 1.70 | 1.58 | 1.75 | 1.56 | 0.895 times |
16 Fri Jun 2023 | 1.56 | 1.54 | 1.72 | 1.47 | 1.357 times |
16 Fri Jun 2023 | 1.56 | 1.54 | 1.72 | 1.47 | 1.357 times |
15 Thu Jun 2023 | 1.54 | 1.43 | 1.55 | 1.41 | 0.804 times |
14 Wed Jun 2023 | 1.42 | 1.44 | 1.63 | 1.41 | 1.457 times |
13 Tue Jun 2023 | 1.43 | 1.42 | 1.44 | 1.39 | 0.731 times |
12 Mon Jun 2023 | 1.38 | 1.34 | 1.42 | 1.34 | 0.482 times |
09 Fri Jun 2023 | 1.35 | 1.32 | 1.38 | 1.32 | 0.719 times |
08 Thu Jun 2023 | 1.36 | 1.33 | 1.41 | 1.28 | 1.344 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock 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 1.27 as target. However if you take a buy trade in stock , then use 1.5 as stoploss and 1.8 as target.
Share price targets for Renren Inc (RENN)
Target Type | Value |
Downside Target | 0.87 |
Downside Target | 1.11 |
Downside Target | 1.18 |
Downside Target | 1.32 |
Downside Target | 1.41 |
Downside Target | 1.44 |
Downside Target | 1.47 |
Downside Target | 1.56 |
Upside Target | 1.72 |
Upside Target | 1.80 |
Upside Target | 1.87 |
Upside Target | 2.03 |
Intraday share price targets for Renren Inc (RENN)
Target Type | Value |
Downside Intraday Target | 1.54 |
Downside Intraday Target | 1.43 |
Upside Intraday Target | 1.78 |
Upside Intraday Target | 1.91 |
Upside Intraday Target | 1.67 |
Weekly technical analysis of Renren Inc (RENN)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Jun 2023 | 1.65 | 1.58 | 1.80 | 1.56 | 1.614 times |
16 Fri Jun 2023 | 1.56 | 1.54 | 1.72 | 1.47 | 0.281 times |
16 Fri Jun 2023 | 1.56 | 1.34 | 1.72 | 1.34 | 0.973 times |
09 Fri Jun 2023 | 1.35 | 1.19 | 1.41 | 1.11 | 1.377 times |
02 Fri Jun 2023 | 1.16 | 0.98 | 1.18 | 0.87 | 12.476 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Renren Inc (RENN)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Wed Jun 2023 | 1.65 | 0.87 | 1.80 | 0.87 | 1.024 times |
31 Wed May 2023 | 0.90 | 1.18 | 1.32 | 0.88 | 1.661 times |
28 Fri Apr 2023 | 1.24 | 1.44 | 1.44 | 1.19 | 0.603 times |
31 Fri Mar 2023 | 1.41 | 1.80 | 1.87 | 1.13 | 0.515 times |
Scroll below to view daily charts
Price has moved up 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)
Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Renren Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Renren Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renren Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Renren Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.5 and Renren Inc (RENN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.
Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Renren Inc ( (RENN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Renren Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Renren Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renren Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Renren Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.5 and Renren Inc (RENN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.