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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

TrueCar, Inc. (NASDAQ:TRUE)

Bull Market Weakness (+75) - TRUE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRUE as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_TRUE
Open High Low TRUE Price Change
3.0500 3.0807 3.0300 3.0800 +0.0500
Entry Signal

MarketClub’s Trade Triangles for TRUE

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 2.96

intermediate term up The intermediate-term trend has been UP since May 20th, 2024 at 3.00

short term up The short-term trend has been UP since May 16th, 2024 at 2.85

Smart Scan Analysis for TRUE

Based on our trend formula, TRUE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TRUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0500 3.0807 3.0300 3.0800 +0.0500
Prev. Close Volume Bid Ask Time
3.0800 96661 2024-05-22 15:59:48
Year High14.55Year High Date2018-09-21
Year Low8.75Year Low Date2018-05-17
52wk High4.0552wk High Date2024-02-21
52wk Low1.7652wk Low Date2023-10-27
Year End Close0.33Average Volume155,810
Shares Outstanding91,668Short Interest330,624
% Institutional0.2Market Cap457M
Assets193,529,000MLiabilities37,496,000M
P/E Ratio5.7759Beta0.99
Volatility66.44
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