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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Newegg Commerce, Inc. - Common Shares (NASDAQ:NEGG)
Bull Market Weakness (+75) - NEGG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NEGG as it may be in the beginning stages of a reversal.
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.
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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 UP since Aug 4th, 2022 at 4.0300
The short-term trend has been UP since Aug 1st, 2022 at 3.5001
Smart Scan Analysis for NEGG
Based on our trend formula, NEGG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8200 | 3.9388 | 3.7400 | 3.8791 | +0.0491 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8900 | 337363 | 2022-08-12 15:59:06 |
| 52wk High | 22.2 | 52wk High Date | 2021-11-26 |
| 52wk Low | 3.15 | 52wk Low Date | 2022-07-27 |
| Average Volume | 600,156 | Shares Outstanding | 2,211 |
| Assets | 626,582,000M | Liabilities | 444,300,000M |
| P/E Ratio | -13.79170000 |