Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

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.

Open High Low TRUE Price Change
2.3900 2.4515 2.3000 2.3100 -0.0300
Entry Signal

MarketClub’s Trade Triangles for TRUE

long term up The long-term trend has been UP since Jun 15th, 2023 at 2.74

intermediate term up The intermediate-term trend has been UP since Aug 23rd, 2023 at 2.51

short term up The short-term trend has been UP since Sep 19th, 2023 at 2.48

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).

Smart Scan Analysis for TRUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3900 2.4515 2.3000 2.3100 -0.0300
Prev. Close Volume Bid Ask Time
2.3400 12216 2023-09-22 10:57:20
Year High14.55Year High Date2018-09-21
Year Low8.75Year Low Date2018-05-17
52wk High3.4952wk High Date2023-02-02
52wk Low1.352wk Low Date2022-10-20
Year End Close0.33Average Volume199,074
Shares Outstanding90,061Short Interest330,624
% Institutional0.2Market Cap457M
P/E Ratio5.7759Beta0.99
Get a free daily analysis and signals for TrueCar, Inc. (TRUE) - Request Your Free Report.