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Global X Renewable Energy Producers Etf Stock (RNRG) Forecast
The Global X Renewable Energy Producers Etf (RNRG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $8.4969, representing a -7.34% decrease from the current price of $9.17. The highest analyst price target is $8.9128, and the lowest is $8.0811.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month RNRG Price Target
Average 7.943
(-13.38% Downside)
Is Global X Renewable Energy Producers Etf (RNRG) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 34.96 | Neutral |
| STOCH(9,6) | 19.39 | Buy |
| STOCHRSI(14) | 58.90 | Neutral |
| MACD(12,26) | -0.2467 | Buy |
| ADX(14) | 40.30 | Sell |
| William %R | -84.09 | Buy |
| CCI(14) | -72.01 | Neutral |
Buy: 3
Sell: 1
Neutral: 3
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
9.1895
Sell
|
9.2212
Sell
|
| MA20 |
9.4142
Sell
|
9.4035
Sell
|
| MA50 |
9.9652
Sell
|
9.7786
Sell
|
| MA100 |
10.16
Sell
|
10.00
Sell
|
| MA200 |
10.08
Sell
|
10.17
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, RNRG could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 11 signaling Sell signals and 3 Neutral signals. This might not be a good time to consider opening new positions on RNRG, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 34.96 indicates that RNRG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 19.39 indicates that RNRG is oversold. This indicates that RNRG price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 58.9 indicates that RNRG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 40.3 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -72.01 indicates that RNRG is still oversold but not to an extreme extent.
Long-term RNRG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Global X Renewable Energy Producers Etf financial reports and earnings history, Global X Renewable Energy Producers Etf (RNRG) stock could reach $1.5569 by 2030, $21.67 by 2040 and $22.61 by 2050. See the projected annual prices until 2050 of the Global X Renewable Energy Producers Etf stock below:
- Global X Renewable Energy Producers Etf (RNRG) is expected to reach an average price of $4.4089 in 2035, with a high prediction of $4.2491 and a low estimate of $3.9993. This indicates an $-51.92% rise from the last recorded price of $9.17.
- Global X Renewable Energy Producers Etf (RNRG) stock is projected to chart a bullish course in 2040, with an average price target of $22.35, representing an $143.73% surge from its current level. The forecast ranges from a conservative $21.90 to a sky-high $21.67.
- Our analysts predict Global X Renewable Energy Producers Etf (RNRG) to jump 157.82% by 2045, soaring from $23.45 to an average price of $23.64, potentially reaching $23.52. While $23.45 is the low estimate, the potential upside is significant.
- Global X Renewable Energy Producers Etf (RNRG) stock is expected to climb by 2050, reaching an average of $22.38, a $144.02% jump from its current level. However, a wide range of estimates exists, with high and low targets of $22.61 and $22.39, respectively, highlighting the market's uncertainty.
Global X Renewable Energy Producers Etf Stock (RNRG) Year by Year Forecast
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2024
Our forecast for RNRG stock price in 2024 now indicates an average price target of $8.7189 with a high forecast of $11.17 and a low forecast of $6.2678. The average prediction reflects an decrease of -4.92% from the last recorded price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $8.5737 | $8.0811 | $8.9128 | -6.50% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2025
Global X Renewable Energy Producers Etf Stock (RNRG) is expected to reach an average price of $7.943 in 2025, with a high prediction of $9.6033 and a low estimate of $6.2826. This indicates an -13.38% fall from the last recorded price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $7.678 | $7.508 | $8.7445 | -16.27% |
| February, 2025 | $8.9014 | $7.6788 | $9.4614 | -2.93% |
| March, 2025 | $8.2449 | $8.0649 | $9.1323 | -10.09% |
| April, 2025 | $8.2092 | $7.6475 | $8.4266 | -10.48% |
| May, 2025 | $6.5326 | $6.2826 | $8.2701 | -28.76% |
| June, 2025 | $6.9561 | $6.4635 | $7.2952 | -24.14% |
| July, 2025 | $8.5904 | $6.487 | $8.6104 | -6.32% |
| August, 2025 | $9.0539 | $8.2913 | $9.6033 | -1.27% |
| September, 2025 | $7.2373 | $7.1873 | $8.9247 | -21.08% |
| October, 2025 | $8.3116 | $6.3782 | $8.3958 | -9.36% |
| November, 2025 | $7.3651 | $6.8533 | $8.4975 | -19.68% |
| December, 2025 | $8.6304 | $7.1397 | $8.6304 | -5.88% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2026
The predicted value for Global X Renewable Energy Producers Etf (RNRG) in 2026 is set at an average of $7.3254. Estimates vary from a peak of $9.2511 to a trough of $5.3997, indicating an -20.12% surge from the present price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $8.5128 | $8.3202 | $9.2511 | -7.17% |
| February, 2026 | $8.1363 | $7.7346 | $8.7763 | -11.27% |
| March, 2026 | $5.6347 | $5.3997 | $8.1872 | -38.55% |
| April, 2026 | $7.4841 | $5.8006 | $7.5841 | -18.39% |
| May, 2026 | $7.5875 | $7.0262 | $7.8394 | -17.26% |
| June, 2026 | $6.921 | $6.8401 | $7.7367 | -24.53% |
| July, 2026 | $7.2853 | $6.6918 | $7.7715 | -20.55% |
| August, 2026 | $6.2387 | $6.1987 | $7.5711 | -31.97% |
| September, 2026 | $5.883 | $5.7355 | $6.5503 | -35.84% |
| October, 2026 | $6.4865 | $5.9139 | $6.7956 | -29.26% |
| November, 2026 | $6.2649 | $6.1282 | $6.6173 | -31.68% |
| December, 2026 | $6.7042 | $5.9194 | $6.8342 | -26.89% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Global X Renewable Energy Producers Etf (RNRG) is $5.3898, with a high forecast of $6.8572 and a low forecast of $3.9224. This indicates an -41.22% decrease from the last price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $6.6277 | $6.0223 | $6.7477 | -27.72% |
| February, 2027 | $6.0611 | $6.0311 | $6.8572 | -33.90% |
| March, 2027 | $5.5655 | $5.3739 | $6.102 | -39.31% |
| April, 2027 | $4.7189 | $4.6189 | $5.7066 | -48.54% |
| May, 2027 | $4.0624 | $3.9224 | $4.6606 | -55.70% |
| June, 2027 | $5.0467 | $3.9741 | $5.2567 | -44.97% |
| July, 2027 | $5.9901 | $5.0475 | $6.11 | -34.68% |
| August, 2027 | $5.9036 | $5.8536 | $6.504 | -35.62% |
| September, 2027 | $5.1279 | $5.0587 | $5.7344 | -44.08% |
| October, 2027 | $5.0413 | $4.8105 | $5.2987 | -45.02% |
| November, 2027 | $5.1948 | $4.8839 | $5.3822 | -43.35% |
| December, 2027 | $4.9291 | $4.7174 | $5.3365 | -46.25% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2028
In 2028, Global X Renewable Energy Producers Etf (RNRG) is projected to reach an average price of $2.5862, with a high projection of $5.17 and a low estimate of $0.00251. This indicates an -71.80% fall from the last price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.8261 | $0.2621 | $5.17 | -90.99% |
| February, 2028 | $1.3792 | $1.521 | $1.0592 | -84.96% |
| March, 2028 | $0.1906 | $0.7058 | $0.7975 | -97.92% |
| April, 2028 | $0.6037 | $0.7612 | $0.9454 | -93.42% |
| May, 2028 | $0.0949 | $0.0528 | $0.312 | -98.97% |
| June, 2028 | $0.0218 | $0.0386 | $0.5301 | -99.76% |
| July, 2028 | $0.0487 | $0.0113 | $0.6133 | -99.47% |
| August, 2028 | $0.7473 | $0.1922 | $1.0656 | -91.85% |
| September, 2028 | $0.3142 | $0.00251 | $0.9391 | -96.57% |
| October, 2028 | $1.5091 | $0.0223 | $1.7811 | -83.54% |
| November, 2028 | $0.6898 | $0.5098 | $1.8229 | -92.48% |
| December, 2028 | $0.8867 | $0.1549 | $0.9467 | -90.33% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2029
The 2029 price forecast for Global X Renewable Energy Producers Etf Stock (RNRG) is $1.2893 on average, with a high prediction of $2.5722 and a low estimate of $0.00638. This represents an -85.94% decrease from the previous price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.8347 | $0.1499 | $0.8401 | -90.90% |
| February, 2029 | $0.3278 | $0.5613 | $0.403 | -96.43% |
| March, 2029 | $0.9191 | $0.1526 | $1.2391 | -89.98% |
| April, 2029 | $2.096 | $0.5208 | $2.096 | -77.14% |
| May, 2029 | $0.2246 | $0.1746 | $2.5071 | -97.55% |
| June, 2029 | $1.2515 | $0.0819 | $1.4415 | -86.35% |
| July, 2029 | $0.7984 | $0.0133 | $1.61 | -91.29% |
| August, 2029 | $0.937 | $0.1701 | $1.056 | -89.78% |
| September, 2029 | $2.1283 | $0.9488 | $2.5722 | -76.79% |
| October, 2029 | $1.5826 | $1.1391 | $2.3357 | -82.74% |
| November, 2029 | $0.8355 | $0.254 | $1.6543 | -90.89% |
| December, 2029 | $0.5864 | $0.00638 | $0.6064 | -93.61% |
Global X Renewable Energy Producers Etf Stock (RNRG) Price Forecast for 2030
Global X Renewable Energy Producers Etf Stock (RNRG) is expected to reach an average price of $0.8197 in 2030, with a high forecast of $1.6351 and a low forecast of $0.00437. This signifies an -91.06% decrease from the last price of $9.17.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $1.305 | $0.4681 | $1.5569 | -85.77% |
| February, 2030 | $0.7219 | $0.6202 | $1.496 | -92.13% |
| March, 2030 | $1.2488 | $0.5136 | $1.6351 | -86.38% |
| April, 2030 | $0.8857 | $0.6758 | $1.4973 | -90.34% |
| May, 2030 | $0.00433 | $0.0457 | $0.8416 | -99.95% |
| June, 2030 | $0.7612 | $0.0278 | $0.9512 | -91.70% |
| July, 2030 | $0.5249 | $0.3464 | $0.8659 | -94.28% |
| August, 2030 | $0.9206 | $0.221 | $0.9447 | -89.96% |
| September, 2030 | $0.6437 | $0.4492 | $1.1985 | -92.98% |
| October, 2030 | $0.5923 | $0.5623 | $1.3388 | -93.54% |
| November, 2030 | $0.2692 | $0.00566 | $0.668 | -97.06% |
| December, 2030 | $0.0339 | $0.00437 | $0.3838 | -99.63% |
0.73%
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