Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
The Arena Group Holdings, Inc. (AMEX:AREN)
Bull Market Weakness (+75) - AREN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AREN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AREN?
MarketClub looks at technical strength and momentum to determine if the timing is right for AREN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AREN
The long-term trend has been UP since Dec 4th, 2023 at 4.7300
The intermediate-term trend has been UP since Dec 4th, 2023 at 3.9099
The short-term trend has been UP since Dec 4th, 2023 at 2.5900
Smart Scan Analysis for AREN
Based on our trend formula, AREN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.5||52wk High Date||2022-12-14|
|52wk Low||1.755||52wk Low Date||2023-11-28|
|Average Volume||78,025||Shares Outstanding||12,009|