Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)

Crossroads (-60) - NEGG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.280 1.350 1.260 1.325 +0.035
Entry Signal

MarketClub’s Trade Triangles for NEGG

long term up The long-term trend has been UP since Jan 13th, 2023 at 2.46

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2023 at 1.69

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 1.31

Smart Scan Analysis for NEGG

Based on our trend formula, NEGG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NEGG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.280 1.350 1.260 1.325 +0.035
Prev. Close Volume Bid Ask Time
1.290 635640 2023-03-27 13:42:55
52wk High9.1952wk High Date2022-04-06
52wk Low1.1652wk Low Date2022-12-28
Average Volume399,097Shares Outstanding2,211
Assets488,017,000MLiabilities313,148,000M
P/E Ratio-13.79170000
Get a free daily analysis and signals for Newegg Commerce, Inc. - Common Shares (NEGG) - Request Your Free Report.