The price of RNW is predicted to go up 8.57%, based on the high correlation periods with ALGT. The similarity of these two price pattern on the periods is 94.64%.
RNW
ALGT
Up: 8.57%Similarity: 94.64%
RNW Revenue Forecast
RNW EPS Forecast
RNW FAQs
What is bull’s view on RNW?
RNW stock is currently trading at $6.54, with a 52-week range of $5.15 to $7.49. Bulls view the RSI of 28.9 as a sign of oversold conditions, suggesting potential for a rebound. Additionally, the $7.07 buyout proposal from a consortium provides a near-term price target and supports bullish sentiment.
What is bear's view on RNW?
RNW stock is currently trading at $6.54, near the lower end of its 52-week range ($5.15-$7.49), reflecting weak momentum. The RSI of 28.9 indicates oversold conditions, but bearish sentiment persists due to limited upside catalysts and recent selling pressure. Without a clear reversal signal, the stock may test its $5.15 support level.
What is RNW revenue forecast for next quarter?
The market consensus for RNW's revenue in the upcoming quarter is projected to be approximately $24.789B INR.
What is RNW eps forecast for next quarter?
The market consensus for RNW's eps in the upcoming quarter is projected to be approximately $1.697 INR.