Stock Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
The Arena Group Holdings, Inc. (AMEX:AREN)
Bear Market Rally (-75) - AREN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AREN as it may be in the beginning 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 DOWN since Dec 20th, 2022 at 10.17
The intermediate-term trend has been UP since May 31st, 2023 at 4.25
The short-term trend has been DOWN since Jun 7th, 2023 at 3.77
Smart Scan Analysis for AREN
Based on our trend formula, AREN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.5||52wk High Date||2022-12-14|
|52wk Low||3.35||52wk Low Date||2023-05-16|
|Average Volume||44,202||Shares Outstanding||12,009|