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Rent the Runway, Inc.

RENT Technical Analysis Summary (NASDAQ)

Analyze RENT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RENT●NASDAQ
Consumer CyclicalApparel - Retail
$2.27
$0.07(3.18%)
U.S. Market is Open · 11:50

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RENT Technical Analysis Summary (NASDAQ)

Rent the Runway, Inc. (NASDAQ: RENT) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.94)
Trend Strength:Moderate (ADX: 27.58)
Volatility:High (ATR: 0.24)
Support/Resistance:$1.72 – $2.85 (Bollinger Bands)

Technical conditions suggest Rent the Runway, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Rent the Runway, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.94

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 20.22

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.87

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.80

Bearish
Selling pressure outweighs buying.

Takeaway:Rent the Runway, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): -77.86

Bearish
Bearish, momentum remains under pressure.

Takeaway:Rent the Runway, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.85
Middle Band (SMA 20)
$2.28
Lower Band
$1.72
Current Position
Within Bands

Takeaway:Rent the Runway, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.74
Middle Line (EMA 20)
$2.26
Lower Channel
$1.77
Squeeze Status
No Squeeze

Takeaway:Rent the Runway, Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume12.90M
Money Flow Index88.37Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index39.43Bearish, price momentum favors sellers.

Overall Takeaway:RENT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Rent the Runway, Inc. (NASDAQ: RENT), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Rent the Runway, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: RENT) Technical Analysis FAQ