Render (RENDR) is currently priced at $1.93, reflecting a 24-hour decline of 2.56%. The asset has shown a daily range of $1.90 to $2.01, indicating a relatively tight trading band with a volume of approximately 78.95 million, constituting 7.87% of its market cap.

Technical indicators reveal mixed signals; while the 8 SMA and 13 SMA are slightly positive at 0.02% and 0.08%, respectively, the 21 SMA indicates a decrease of 0.77%. The 55 SMA and 144 SMA show more significant declines of 4.05% and 9.76%, respectively, suggesting bearish sentiment over longer periods.

Momentum indicators such as the 1-hour RSI at 44 and the 7-day RSI at 43 indicate that RENDER is approaching oversold territory, but not quite there yet. The 7-day price change is notably down by 19.75%, while the 14-day change is down 17.40%, indicating a substantial bearish trend in the short term.

Conversely, the 30-day price change shows an increase of nearly 49.79%, suggesting that there may be potential for recovery or a bullish reversal over a longer timeframe. The all-time high of $13.53, achieved in March 2024, suggests significant upside potential if market conditions improve.

Overall, while there are signs of short-term weakness, the longer-term momentum remains relatively strong, and the current price is significantly below its all-time high. Given the mixed technical indicators and the bearish short-term trend, a Hold rating is warranted to assess whether the asset can stabilize before making further moves.