


Technical Sentiment Analysis for Renew Energy Global PLC (RNW) As of 2026-06-18, Renew Energy Global PLC (RNW) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 12 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RNW stands at 59.199, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.188, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 50.521 and the Commodity Channel Index (CCI) at 36.871 further confirm a 0.01 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, RNW is trading below its 60-day moving average of $5.468 and below its 200-day long-term moving average of $6.231. Key price levels to watch include the immediate resistance at $6.507 and strong support at $5.932. A break above $6.507 could signal a bull continuation, while falling below $5.932 may test the next Fibonacci floor at $5.653.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.357 | 5.653 | 5.932 | 6.228 | 6.507 | 6.803 | 7.082 |
| Fibonacci | 5.653 | 5.873 | 6.009 | 6.228 | 6.448 | 6.584 | 6.803 |
2026-06-18
| Name | Value |
|---|---|
| RSI_14 | 59.199 |
| STOCHk_14_3_3 | 50.521 |
| STOCHd_14_3_3 | 54.688 |
| CCI_20 | 36.871 |
| AO_5_34 | 0.442 |
| MOM_10 | 0.01 |
| MACD_12_26_9 | 0.188 |
2026-06-18
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 6.314 | Buy |
| MA_10 | 6.21 | Buy |
| MA_20 | 6.207 | Buy |
| MA_60 | 5.468 | Buy |
| MA_200 | 6.231 | Buy |
| MA_250 | 6.48 | Sell |