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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.

NASDAQ_NEGG
Open High Low NEGG Price Change
14.5500 14.6099 13.8500 14.0200 -0.3600
Entry Signal

MarketClub’s Trade Triangles for NEGG

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 13.7500

intermediate term down The intermediate-term trend has been DOWN since Jul 30th, 2021 at 19.2081

short term up 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).

-85
Smart Scan Analysis for NEGG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.5500 14.6099 13.8500 14.0200 -0.3600
Prev. Close Volume Bid Ask Time
14.0100 275178 2021-10-15 15:59:56
52wk High79.0752wk High Date2021-07-07
52wk Low3.062452wk Low Date2020-10-23
Average Volume544,649Shares Outstanding2,211
P/E Ratio-13.7917
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