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Renewable Energy Up 48.0% Since SmarTrend Uptrend Call (REGI)

By David Diaz

SmarTrend identified an Uptrend for Renewable Energy (NASDAQ:REGI) on February 16th, 2018 at $11.45. In approximately 4 months, Renewable Energy has returned 48.03% as of today's recent price of $16.95.

Renewable Energy share prices have moved between a 52-week high of $18.35 and a 52-week low of $9.50 and are now trading 78% above that low price at $16.95 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.8%.

Renewable Energy Group Inc. produces biofuels and renewable chemicals. The Company develops, distributes, sells, and provides logistics for biodiesel and renewable chemical production. Renewable Energy Group serves companies throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Renewable Energy shares.

Log in and add Renewable Energy (REGI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights renewable energy

Ticker(s): REGI