Render (RENDER) is currently priced at $1.95, reflecting a modest 24-hour change of 0.77%. The daily range has been relatively tight, oscillating between a low of $1.89 and a high of $2.13, indicating a volatility of 0.24%.

Trading volume has reached 136,511,563, representing 13.48% of the market cap, which suggests a healthy liquidity environment. However, the 7-day and 14-day price changes of -18.26% and -15.26% respectively indicate a bearish trend in the medium term, while a notable 30-day increase of 47.88% suggests a recent rally.

Analyzing moving averages, the short-term 8 SMA and 13 SMA are both at $1.94, showing minor upward momentum, while the 55 SMA at $2.00 and 144 SMA at $2.13 reveal a downward trend. The hourly RSI of 58 indicates that the asset is approaching overbought conditions, while the 7-day RSI of 44 points to a neutral stance overall.

Given the all-time high of $13.53 reached in March 2024, the current price reflects a significant discount from historical peaks. However, the recent price declines coupled with low RSI readings indicate potential weakness in momentum.

Based on the current technical indicators and recent price performance, a Hold rating is recommended. This allows for potential recovery if the price stabilizes above the $2.00 mark, while also avoiding new positions in the face of downward pressure and short-term overbought signals.