Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)
Strong Uptrend (+100) - NEGG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NEGG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NEGG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEGG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NEGG
The long-term trend has been UP since Nov 30th, 2023 at 1.500000
The intermediate-term trend has been UP since May 3rd, 2024 at 0.889651
The short-term trend has been UP since Apr 22nd, 2024 at 0.759300
Smart Scan Analysis for NEGG
Based on our trend formula, NEGG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.85500 | 0.89990 | 0.83000 | 0.87245 | +0.02745 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.87380 | 704440 | 2024-05-03 15:59:43 |
| 52wk High | 2.15 | 52wk High Date | 2023-12-04 |
| 52wk Low | 0.516 | 52wk Low Date | 2023-11-01 |
| Average Volume | 227,563 | Shares Outstanding | 2,211 |
| Assets | 499,047,000M | Liabilities | 369,655,000M |
| P/E Ratio | -13.79170000 |