Stock Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Newgioco Group, Inc. (NASDAQ:NWGI)
Sidelines Mode (+50) - NWGI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NWGI can gain momentum.
Is it time to buy, sell, or avoid NWGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NWGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NWGI
The long-term trend has been DOWN since Mar 5th, 2020 at 2.6454
The intermediate-term trend has been UP since Jun 2nd, 2020 at 3.8741
The short-term trend has been UP since May 29th, 2020 at 3.2848
Smart Scan Analysis for NWGI
Based on our trend formula, NWGI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.78||Year High Date||2018-05-15|
|Year Low||0.145||Year Low Date||2018-01-05|
|52wk High||4.592||52wk High Date||2019-10-07|
|52wk Low||1.09||52wk Low Date||2020-03-23|
|Average Volume||14,349||Shares Outstanding||11,742|