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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Next.e.GO N.V. (NASDAQ:EGOX)

Sidelines Mode (+50) - EGOX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EGOX can gain momentum.

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

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

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

NASDAQ_EGOX
Open High Low EGOX Price Change
0.0389 0.0399 0.0281 0.0307 +0.0031
Entry Signal

MarketClub’s Trade Triangles for EGOX

long term down The long-term trend has been DOWN since Oct 25th, 2023 at 0.998

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 0.083

short term up The short-term trend has been UP since Apr 29th, 2024 at 0.040

Smart Scan Analysis for EGOX

Based on our trend formula, EGOX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EGOX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0389 0.0399 0.0281 0.0307 +0.0031
Prev. Close Volume Bid Ask Time
0.0306 92742503 2024-04-30 15:59:43
52wk High2.2452wk High Date2023-10-20
52wk Low0.025352wk Low Date2024-04-02
Average Volume35,449,527Shares Outstanding93,316
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