Structural break signals
RNW qualifies for the Red List on decline depth.
The structural read
What price action says about RNW.
RNW qualifies for the Red List on decline depth — down -32.8% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.
Cross-confirmation: also showing 5/5 bearish time frames.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 2U (green), weekly 2U (red), monthly 2U (green).
Earnings on file: 2026-02-16. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Utilities
10 other Utilities tickers are on Broken Stocks.
Worst in sector: OKLO (-65.3%). Least-bad: BIPC (-21.5%). See all Utilities listings →
Questions about RNW
What people ask.
Why is RNW on Broken Stocks?
RNW qualifies for the Red List on decline depth. It is down -32.8% from its rolling 252-day high of $8.24, set on 2025-10-01 — 225d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for RNW?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — RNW is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is RNW a falling knife?
Not by the strict technical definition. RNW is down -32.8% from its 52-week high, but that high was set 225d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. RNW is still on the Red List for decline depth, but the freshness component of a falling knife is missing.
Is RNW a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is RNW trading inside its 52-week range?
At $5.54, RNW sits 30.0% of the way from its 52-week low ($4.38) to its 52-week high ($8.24). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has RNW been declining?
The current 32.8% decline accrued over 225d, which annualizes to roughly -53.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does RNW compare to its sector?
There are 10 other Utilities tickers on Broken Stocks: 3 Red, 5 Amber, 2 Watch, with 2 showing recovering structural signals. Median sector decline is -31.0% — RNW's decline is deeper than the sector median.
Does RNW's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-16) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.