Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Edgio, Inc. (NASDAQ:EGIO)
Sidelines Mode (+55) - EGIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EGIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGIO
The long-term trend has been UP since Jul 14th, 2023 at 0.8291
The intermediate-term trend has been UP since Aug 29th, 2023 at 0.8418
The short-term trend has been DOWN since Sep 25th, 2023 at 0.8700
Smart Scan Analysis for EGIO
Based on our trend formula, EGIO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.165||52wk High Date||2022-10-05|
|52wk Low||0.45||52wk Low Date||2023-06-16|
|Average Volume||1,158,220||Shares Outstanding||224,956|