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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

New Fortress Energy Inc. - Class A (NASDAQ:NFE)

Weak Downtrend (-65) - NFE is showing signs of a strengthening downtrend. Monitor NFE as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NFE?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NFE
Open High Low NFE Price Change
26.50 27.71 26.50 27.49 +1.00
Entry Signal

MarketClub’s Trade Triangles for NFE

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 30.18

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 30.64

short term up The short-term trend has been UP since May 8th, 2024 at 27.06

Smart Scan Analysis for NFE

Based on our trend formula, NFE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NFE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.50 27.71 26.50 27.49 +1.00
Prev. Close Volume Bid Ask Time
26.49 1167893 2024-05-09 14:59:27
52wk High40.0452wk High Date2023-12-04
52wk Low25.0652wk Low Date2023-05-31
Average Volume1,561,411Shares Outstanding205,034
Market Cap2,631MAssets105,012,450M
Liabilities886,115,100MP/E Ratio9.9962
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