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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

NEOMAGIC CORP (NASDAQ:NMGC)

Long-Term Downtrend (-90) - NMGC is in a strong downtrend that is likely to continue. While NMGC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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NASDAQ_NMGC
Open High Low NMGC Price Change
0.0152 0.0152 0.0152 0.0152 +0.0008
Entry Signal

MarketClub’s Trade Triangles for NMGC

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.015

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2024 at 0.016

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.015

Smart Scan Analysis for NMGC

Based on our trend formula, NMGC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NMGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0152 0.0152 0.0152 0.0152 +0.0008
Prev. Close Volume Bid Ask Time
0.0152 280 2024-04-15 12:10:11
Year High0.0169Year High Date2018-03-26
Year Low0.003Year Low Date2018-02-15
52wk High0.0352wk High Date2023-11-07
52wk Low0.007252wk Low Date2023-07-18
Year End Close0.017Average Volume11,250
Shares Outstanding64,832% Institutional0.1
Assets0.4MLiabilities1.3M
Beta2.2Volatility526.89
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