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Shares of REGI Up 14.2% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Renewable Energy (NASDAQ:REGI) on September 5th, 2019 at $13.11. In approximately 2 weeks, Renewable Energy has returned 14.15% as of today's recent price of $14.96.

Over the past year, Renewable Energy has traded in a range of $9.90 to $32.52 and is now at $14.96, 51% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 0.5%.

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