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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

New Fortress Energy Inc. - Class A (NASDAQ:NFE)

Strong Downtrend (-100) - NFE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NFE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NFE?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NFE
Open High Low NFE Price Change
8.920 8.960 8.555 8.645 -0.225
Entry Signal

MarketClub’s Trade Triangles for NFE

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 30.180

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2024 at 19.025

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 8.940

Smart Scan Analysis for NFE

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

-100
Smart Scan Analysis for NFE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.920 8.960 8.555 8.645 -0.225
Prev. Close Volume Bid Ask Time
8.640 4062702 2024-10-25 15:59:47
52wk High40.0452wk High Date2023-12-04
52wk Low8.252wk Low Date2024-09-30
Average Volume7,187,445Shares Outstanding205,067
Market Cap2,631MAssets114,083,770M
Liabilities975,053,200MP/E Ratio7.5169
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