Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)
Countertrend Down (-85) - NEGG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 1st, 2021 at 13.7500
The intermediate-term trend has been DOWN since Jul 30th, 2021 at 19.2081
The short-term trend has been UP since Oct 6th, 2021 at 14.4000
Smart Scan Analysis for NEGG
Based on our trend formula, NEGG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.07||52wk High Date||2021-07-07|
|52wk Low||3.0624||52wk Low Date||2020-10-23|
|Average Volume||544,649||Shares Outstanding||2,211|