Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
News Corporation - Class B (NASDAQ:NWS)
Weak Uptrend (+65) - NWS is showing signs of weakening momentum to the upside. Monitor NWS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NWS?
MarketClub looks at technical strength and momentum to determine if the timing is right for NWS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NWS
The long-term trend has been UP since Jun 2nd, 2023 at 18.965
The intermediate-term trend has been UP since May 6th, 2024 at 25.535
The short-term trend has been DOWN since May 8th, 2024 at 24.920
Smart Scan Analysis for NWS
Based on our trend formula, NWS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.98 | 25.13 | 24.79 | 24.94 | -0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.93 | 966861 | 2024-05-08 15:59:43 |
| Year High | 17.7 | Year High Date | 2018-01-17 |
| Year Low | 12.575 | Year Low Date | 2018-10-29 |
| 52wk High | 28.92 | 52wk High Date | 2024-02-08 |
| 52wk Low | 16.49 | 52wk Low Date | 2023-05-10 |
| Year End Close | 26.24 | Average Volume | 698,916 |
| Shares Outstanding | 571,408 | Short Interest | 4,793,035 |
| % Institutional | 7.1 | Market Cap | 8,703M |
| Assets | 166,810,000M | Liabilities | 849,900,000M |
| Beta | 1.21 | Volatility | 31.37 |
Get a free daily analysis and signals for News Corporation - Class B (NWS) - Request Your Free Report.