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98.9% Return Seen to Date on SmarTrend Renewable Energy Call (REGI)

By James Quinn

SmarTrend identified an Uptrend for Renewable Energy (NASDAQ:REGI) on September 5th, 2019 at $13.11. In approximately 6 months, Renewable Energy has returned 98.86% as of today's recent price of $26.06.

In the past 52 weeks, Renewable Energy share prices have been bracketed by a low of $9.90 and a high of $31.51 and are now at $26.06, 163% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.

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