RNWZ TrueShares Eagle Glbl Rnwbls Engy IncETF Forecast, Technical & Fundamental Analysis

RNWZ in upward trend: price rose above 50-day moving average on December 24, 2025

RNWZ moved above its 50-day moving average on December 24, 2025 date and that indicates a change from a downward trend to an upward trend. In of 16 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 29, 2025. You may want to consider a long position or call options on RNWZ as a result. In of 45 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for RNWZ just turned positive on December 29, 2025. Looking at past instances where RNWZ's MACD turned positive, the stock continued to rise in of 22 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for RNWZ crossed bullishly above the 50-day moving average on December 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RNWZ advanced for three days, in of 135 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 176 cases where RNWZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

RNWZ broke above its upper Bollinger Band on January 05, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.