Render (Ticker: RENDER) is currently trading at $1.68, reflecting a 24-hour decline of 3.90%. The price has oscillated between a 24-hour high of $1.75 and a low of $1.64, indicating a daily range of 0.11%.

Volume stands at approximately 97.25 million, translating to a volume/market cap ratio of 11.20%. The short-term moving averages show bearish signals, with the 8 SMA at $1.69 down 0.47% and the 13 SMA at $1.69 down 0.64%, suggesting continued selling pressure.

The 21 SMA at $1.71 is down 1.55%, while the 55 SMA at $1.81 has dropped 7.19%, indicating a longer-term trend of declining prices. The 144 SMA, positioned at $1.87, shows a significant drop of 10.34%, reinforcing the bearish sentiment in the market.

The 1-hour RSI is at 46, suggesting that RENDER is approaching a neutral state but lacks the bullish momentum needed for a recovery. Conversely, the 7-day RSI at 42 indicates potential oversold conditions, yet the overall trend remains negative with a 7-day price change of -17.55% and a 14-day price change of -25.13%.

Despite a notable 30-day price increase of nearly 30%, the recent downward momentum raises concerns about sustainability. The all-time high of $13.53, reached in March 2024, remains a distant target, further highlighting the current bearish outlook.

Given the technical indicators and recent performance, RENDER is currently in a bearish phase with limited short-term upside potential. Based on the analysis, the rating is a Sell, as the prevailing trends suggest further downside risks in the near term.