RNU renascor resources limited

I am definitely no chartist, but my limited understanding with...

  1. 292 Posts.
    lightbulb Created with Sketch. 186
    I am definitely no chartist, but my limited understanding with how the MACD and S-RSI can be read, the MACD on the Monthly looks awfully close to a crossing.

    https://hotcopper.com.au/data/attachments/6948/6948724-99f86c3ddaab6f24787561b4af48f260.jpg

    The last green that we saw on the Monthly, the lines on the MACD couldn't have been further apart. This time around it looks to me like conditions for the upswing are moving into positive territory. Is this indicating a potential for long term uptrend or just confirmation that we have hit the bottom?

    Anyone more knowledgeable care to comment on what they see?
    Last edited by mattyman174: 17/04/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.7¢
Change
-0.005(8.06%)
Mkt cap ! $144.9M
Open High Low Value Volume
6.2¢ 6.2¢ 5.7¢ $217.0K 3.664M

Buyers (Bids)

No. Vol. Price($)
3 354999 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 224145 3
View Market Depth
Last trade - 16.10pm 23/04/2025 (20 minute delay) ?
RNU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.