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Stock Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
TrueCar, Inc. (NASDAQ:TRUE)
Strong Downtrend (-100) - TRUE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRUE continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TRUE
The long-term trend has been DOWN since May 10th, 2022 at 3.00
The intermediate-term trend has been DOWN since Jul 25th, 2022 at 2.52
The short-term trend has been DOWN since Aug 9th, 2022 at 2.55
Smart Scan Analysis for TRUE
Based on our trend formula, TRUE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.590 | 2.625 | 2.520 | 2.530 | -0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.630 | 158460 | 2022-08-09 12:51:15 |
| Year High | 14.55 | Year High Date | 2018-09-21 |
| Year Low | 8.75 | Year Low Date | 2018-05-17 |
| 52wk High | 4.64 | 52wk High Date | 2021-11-02 |
| 52wk Low | 2.5 | 52wk Low Date | 2022-07-27 |
| Year End Close | 0.33 | Average Volume | 565,363 |
| Shares Outstanding | 90,422 | Short Interest | 330,624 |
| % Institutional | 0.2 | Market Cap | 457M |
| Assets | 363,356,000M | Liabilities | 54,129,000M |
| P/E Ratio | 5.7759 | Beta | 0.99 |
| Volatility | 66.44 |