Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of RNLX will decline by -64.17% over the next 2 Weeks and hit $0.07 by Monday, November 18, 2024. In that time frame, RNLX's share price is expected to range between $0.04 and $0.11.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 18, 2024 | 0.13 | 0.15 | 0.17 |
| Nov 15, 2024 | 0.13 | 0.15 | 0.17 |
| Nov 14, 2024 | 0.13 | 0.15 | 0.16 |
| Nov 13, 2024 | 0.13 | 0.14 | 0.16 |
| Nov 12, 2024 | 0.14 | 0.15 | 0.17 |
| Nov 11, 2024 | 0.14 | 0.15 | 0.17 |
| Nov 8, 2024 | 0.14 | 0.15 | 0.17 |
| Nov 7, 2024 | 0.14 | 0.15 | 0.17 |
| Nov 6, 2024 | 0.13 | 0.15 | 0.16 |
| Nov 5, 2024 | 0.14 | 0.15 | 0.17 |
RNLX shares rose +5.66% in Monday, October 7, 2024's trading session, rising from a previous close of $0.20 to move at $0.21. The stock demonstrated notable intraday movement (see RNLX's key stats for a full breakdown), fluctuating between $0.19 and $0.23, a +18.42% trading range. While recent weeks have seen some volatility, RNLX has managed to secure a +37.79% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 26K shares changing hands, 10.54K more than the previous session. This amounted to $5.38K in total market activity.
Will RNLX Continue Its Downward Trend?
According to analyst ratings and projections for RNLX, Renalytix Plc shares are anticipated to decrease by -23.91%, potentially reaching $0.17 per share by November 18, 2024. Short-term technical indicators for RNLX currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 16 negative trading days within the past 30 sessions. Based on the RNLX stock forecast, now is not the best time to buy RNLX stock because its current trading price is +38.16% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on RNLX covering social and institutional perspectives.
RNLX Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into RNLX's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 37.22% to 38.92%) suggest the stock is in a weak bearish momentum phase. The 50-day RSI, at 41.60%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 44.03%, maintains a neutral outlook for the long term. Insights into RNLX's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Renalytix Plc Monthly Forecast 2024–2025
November 2024
According to our latest forecast models, Renalytix Plc (RNLX) is positioned to show a strong performance in November 2024. The price is predicted to move between $0.24 and $0.65, settling at an average of $0.45. This could translate to a +117.29% gain.
December 2024
Based on current market signals, Renalytix Plc is projected to trend december 2024. We forecast a trading range from $0.24 to $0.67, with a likely average price of $0.46. Investors could expect a potential return of +122.11%.
January 2025
Our predictive algorithms indicate Renalytix Plc stock may see a shift in January 2025. The expected range spans $0.21–$0.59, with an average target of $0.40. This represents a positive outlook and a possible gain of +93.14%.
February 2025
Analyzing established trends, Renalytix Plc looks set to move in February 2025. Projections place the stock between $0.25 and $0.67, averaging around $0.46. This suggests a +122.11% gain from current levels.
March 2025
Market indicators suggest Renalytix Plc could experience notable changes during March 2025. Prices could fluctuate within $0.07 to $0.62, with a midpoint forecast of $0.33. The stock might deliver a +59.34% gain.
April 2025
Forecasting for April 2025, models estimate that Renalytix Plc may undergo key fluctuations. If trends hold, the stock might trade between $0.03 and $0.46, averaging $0.26. This signals a positive trajectory with potential returns around +25.54%.
May 2025
According to our latest forecast models, Renalytix Plc (RNLX) is positioned to show a strong performance in May 2025. The price is predicted to move between $0.00 and $0.48, settling at an average of $0.27. This could translate to a +30.37% gain.
June 2025
Based on current market signals, Renalytix Plc is projected to trend june 2025. We forecast a trading range from $0.00 to $0.36, with a likely average price of $0.23. Investors could expect a potential return of +11.06%.
July 2025
Our predictive algorithms indicate Renalytix Plc stock may see a shift in July 2025. The expected range spans $0.00–$0.37, with an average target of $0.28. This represents a positive outlook and a possible gain of +35.20%.
August 2025
Analyzing established trends, Renalytix Plc looks set to move in August 2025. Projections place the stock between $0.00 and $0.24, averaging around $0.25. This suggests a +20.71% gain from current levels.
September 2025
Market indicators suggest Renalytix Plc could experience notable changes during September 2025. Prices could fluctuate within $0.00 to $0.12, with a midpoint forecast of $0.22. The stock might deliver a +6.23% gain.
October 2025
Forecasting for October 2025, models estimate that Renalytix Plc may undergo key fluctuations. If trends hold, the stock might trade between $0.00 and $0.00, averaging $0.23. This signals a positive trajectory with potential returns around +11.06%.
November 2025
According to our latest forecast models, Renalytix Plc (RNLX) is positioned to show a strong performance in November 2025. The price is predicted to move between $0.00 and $0.00, settling at an average of $0.19. This could translate to a -8.26% loss.
RNLX's history of dividends and stock splits also plays a role in long-term investor confidence.