Render (Ticker: RENDER) is currently trading at $2.15, reflecting a 24-hour decline of 3.29%. The price action has seen a daily range between $2.14 and $2.24, indicating low volatility, with a mere 0.1% daily range observed.

The trading volume stands at approximately 52.87 million, equating to a volume/market cap ratio of 4.76%. The short-term moving averages are showing bearish signals, with the 8 SMA at $2.19 down 1.63%, and the 55 SMA at $2.22 reflecting a 3.22% decrease, confirming a downward price trend.

The RSI indicators present a mixed picture; the 1-hour RSI is notably low at 18, suggesting strong oversold conditions, while the 7-day RSI at 44 indicates a neutral position. The price has experienced a significant 7-day drop of approximately 14.74%, but a recovery is noted in the 14-day and 30-day price changes of 19.26% and 69.59%, respectively, indicating potential for rebound over the longer term.

Render’s all-time high of $13.53, reached in March 2024, shows substantial upside potential from the current price levels. However, recent performance suggests a bearish sentiment in the market, which could hinder immediate upward momentum.

Considering the technical indicators and recent price performance, the recommendation for RENDER is to Hold. The low RSI suggests potential for a short-term reversal, but the overall trend remains bearish, warranting caution before taking any new positions.